- -(- -) 40.880 = -(- -) 40.860 -6.41% 36.500 - -(- -) 40.840 34.33万 量:0股 额:0 - -(- -) 40.820 16:15 17:00 17:30 18:30 18:00 1分 5分 关网4 日K 买盘十档 卖盘十档 88.77% 11.23% 立即卖出 立即买入 · 行情来源: 利弗莫尔证券 · 智通财经APP获悉，牧原股份(02714)将于2月6日(星期五)在香港挂牌。截至收盘，利弗莫尔证券暗盘交易显示报价41港元，较招股价39港元上涨5.13%，每 手100股，不计手续费，每手赚200港元。 | 06:32 | | Q = = == == == == | | | | --- | --- | --- | --- | --- | | | | 牧原股份 (") | | | | 百页 | | HK 02714 暗盘 | | | | 行情 板块 | 评论 | 实时数据 科 券商持仓 | | | | 41.000 | 成交量 605.00万股 | 最高 41.500 | 今开 39.900 | | | +5.13% +2.000 | 换手 ...

- -(- -) 40.880 = -(- -) 40.860 -6.41% 36.500 - -(- -) 40.840 34.33万 量:0股 额:0 - -(- -) 40.820 16:15 17:00 17:30 18:30 18:00 5分 1分 日K स्त्र सं 买盘十档 卖盘十档 88.77% 11.23% 立即卖出 立即买入 | 06:32 | | | 10 10 2 ... 11 111 46 1 | | | --- | --- | --- | --- | --- | | | | 牧原股份 (') | | | | 首页 | | HK 02714 暗盘 | | | | 行情 板块 | 评论 | 券商持仓 实时数据 차 | | | | 41.000 | 成交量 605.00万股 | 最高 41.500 | 今开 39.900 | | | 换手 2.21% +5.13% +2.000 | | 最低 38.600 | | 总市 2352.06亿 | | 20260205 18:30 价 41.000 5.13% 均 40.581 分时量 0股 | | | | | | 41.500 | | 6 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：金色光 牧原股份是生猪养殖行业的绝对龙头，但短期偿债能力处于业内下游。往绩记录期间内，子公司存在众 多环保不合规事项，招股章程并未完全披露。 来源：摄图网 资产规模、经营业绩都领先，但短期偿债能力拖后腿 牧原食品股份有限公司（证券简称：牧原股份；证券代码：002714.SZ）主营生猪养殖销售、屠宰业 务。2025年5月，牧原股份首次向港交所递表，由于未能在6个月内完成发行，于11月二次递表。 2025年12月4日，牧原股份通过港交所聆讯，直到2026年1月16日才公开聆讯后资料集，其间花费一个多 月时间，远超其他申报公司。1月29日，牧原股份发布招股章程，启动H股发行。 上述行业地位也反映在牧原股份的资产规模和经营业绩上。 按申万三级行业分类，包括牧原股份在内，生猪养殖行业内共有12家公司。 往绩记录期间（2022年至2024年及2025年前三季度）各期末，牧原股份的资产总额、所有者权益均遥遥 领先。截至2025年三季度末，公司资产总额达到1807.56亿元，净资产为804.4亿元，较第二名均高出 50%。 往绩记录期间内，牧原股 ...

| 39.300 | 0.77% | | | | --- | --- | --- | --- | | | | 十档 | 成交明细 | | | | 39.520 | - - (- -) | | | | 39.500 | - - (- -) | | | | 39.480 | - - (- -) | | | | 39.460 | - -(- -) | | | | 39.440 | - - (- -) | | | | 39.420 | 800(2家) | | | | 39.400 | 1.92万(4家) | | | | 39.380 | - - (- -) | | 39.000 | | 39.360 | - - (- -) | | | | 39.340 | 200(1家) | | | | 39.300 | 7100(2家) | | | | 39.280 | - - - - - - ) | | | | 39.260 | - - (- -) | | | | 39.240 | 1200(1家) | | | | 39.220 | - - - - - - ) | | | | 39.200 | - - (- -) | | | | ...

牧原股份（002714）(02714)将于2月6日(星期五)在香港挂牌。截至发稿，利弗莫尔证券暗盘交易显示报价39.3港元，较招股价39港元上涨0.77%，每手100 股，不计手续费，每手赚30港元。 | 04:17 | 10: 2 ... 11 411 (3) 4 | | --- | --- | | 首页 | 牧原股份 C) O HK 02714 暗盘 | | 行情 | 板块 评论 券商持仓 实时数据 机 三 | | 39.300 | 成交量 51.80万股 最高 39.900 今开 39.900 | | +0.77% +0.300 | 换手 0.19% 最低 38.600 总市 2254.53亿 | | | | | | 39.180 | | | --- | --- | --- | --- | --- | --- | | 38.700 | | | -0.77% | 39.160 | --- | | 量 : 10.65万股 额 : 418.41万 | | | 19.18万 | 39.140 | | | | | | | 39.120 | -- | | 16:15 17:00 | 17:30 | 18:00 | ...

Investment Rating - The report maintains a "Positive" investment rating for the agriculture, forestry, animal husbandry, and fishery industry [4] Core Insights - The 2026 Central Document emphasizes enhancing agricultural comprehensive productivity and quality efficiency, shifting focus from merely ensuring supply quantity and safety to a coordinated development of yield, capacity, and efficiency [1][9] - The document highlights the need for comprehensive regulation of pig production capacity and aims to promote balanced supply and demand in the livestock sector, particularly in beef and dairy industries [2] - There is a strong push for the commercialization of biological breeding and the integration of advanced technologies such as AI, drones, and IoT into agriculture, indicating a significant move towards smart agriculture [3][9] Summary by Sections Agricultural Production - The focus has shifted to enhancing agricultural comprehensive production capacity and quality efficiency, emphasizing the need for coordinated development of yield, capacity, and ecological production [9] Livestock Industry - The document calls for a strengthened comprehensive regulation of pig production capacity and aims to consolidate the recovery of the beef and dairy industries, with new measures to promote dairy consumption [2][9] Agricultural Technology - The report stresses the implementation of biological breeding initiatives and the integration of new agricultural productivity, with a focus on advancing smart agriculture through technology applications [3][9] Agricultural Products Circulation and Processing - There is a shift in policy focus from production to post-production processes, emphasizing market-oriented approaches to enhance the efficiency of the agricultural supply chain and increase farmers' income [9]

Investment Rating - The report maintains an "Overweight" rating for the Agriculture, Forestry, Animal Husbandry, and Fishery sector [2] Core Views - The central government emphasizes the acceleration of smart agriculture development, highlighting its importance in enhancing agricultural productivity and reducing costs [5][7] - The report identifies key investment opportunities in smart agriculture, seed technology, and pig farming capacity reduction, recommending companies such as Muyuan Foods, Wens Foodstuff Group, Donghai Seeds, and Longping High-Tech [7][8] Summary by Sections Smart Agriculture - The 2026 Central Document emphasizes the importance of smart agriculture, focusing on breeding and agricultural equipment innovation, including the use of AI, drones, IoT, and robotics [5][6] - Smart agriculture is viewed as a crucial factor for improving agricultural efficiency and productivity [5] Agricultural Trade - The report highlights the need for diversification in agricultural product imports and the cultivation of internationally competitive agricultural enterprises [6] - This strategy is deemed essential for stabilizing domestic food production amidst geopolitical tensions and trade frictions [6] Crop Production - The report sets a target for grain production to stabilize at around 1.4 trillion jin, with a focus on enhancing grain yield and quality [8] - It also mentions the need to improve the pricing policy for cotton and emphasizes the importance of increasing oilseed production [8] Livestock Industry - The report discusses the comprehensive regulation of pig production capacity and the recovery of the beef and dairy industries [9] - It predicts continued overcapacity in the pig supply chain, with investment opportunities arising from capacity reduction [9] Company Recommendations - Wens Foodstuff Group (300498 CH): Target price of 20.73, rated "Buy" [4][10] - Longping High-Tech (000998 CH): Target price of 12.77, rated "Buy" [4][10] - Muyuan Foods (002714 CH): Target price of 54.90, rated "Buy" [4][10] - Donghai Seeds (002041 CH): Target price of 12.06, rated "Overweight" [4][10]

Group 1 - The Freedom Cash Flow ETF CSI All Index (561080) closed down 1.55% at 1.330 yuan with a trading volume of 8.4067 million yuan [1] - Major holdings in the ETF include China National Offshore Oil Corporation (CNOOC) down 1.12%, SAIC Motor up 0.14%, Gree Electric Appliances down 0.33%, COSCO Shipping Holdings up 0.07%, Muyuan Foods down 0.15%, Aluminum Corporation of China down 6.77%, TCL Technology down 0.61%, Baosteel down 1.52%, Great Wall Motors up 1.06%, and Chint Electric down 4.14% [1] - The ETF's performance benchmark is the CSI All Index Free Cash Flow Index, managed by Huaan Fund Management Co., Ltd. The fund has returned 35.06% since its inception on April 23, 2025, and 7.11% over the past month [1]

今日（2.5），大盘再度震荡，资金高低切换，消费板块走强。聚焦纯正新消费的港股通消费ETF汇添富（159268）放量涨超2%！资金持续青睐，近5日有3 日获净流入，累计"吸金"超4600万元！ 港股通消费ETF汇添富（159268）标的指数热门成分股中，百盛中国涨超7%，巨子生物涨超6%，泡泡玛特、海底捞涨超4%，老铺黄金涨超3%（标的指数 成分股仅做展示，不作为个股推介）。 消息面上，百胜中国公布2025年度业绩，总收入117.97亿美元，同比增加4%；净利润9.29亿美元，增长2%，每股盈利2.52美元。每股派息29美仙。单计第四 季度，总收入28.23亿美元，同比增加9%；净利润1.4亿美元，增长22%，每股盈利40美元。经营利润增长25%至1.87亿美元。季内，同店销售额增长3%，连 续第三个季度实现增长。 | 南昌 | 什么样 | 名称 | 估自权軍 | | | | --- | --- | --- | --- | --- | --- | | 1 | 9992 | 泡泡玛特 | 9.01% | 4.81% | 14.05 Z | | 2 | 9987 | 百胜中国 | 8.26% | 7 44% | ...

Core Insights - The 2026 Central Document emphasizes the transition from "ensuring quantity" to "improving quality" in agriculture, marking the beginning of the 14th Five-Year Plan [2][27] - The document sets a target for grain production at approximately 1.4 trillion jin (around 700 million tons) and initiates a new round of actions to enhance grain production capacity [2][27] - The focus shifts to "new agricultural productivity," indicating a transition from resource input to technology-driven development [2][27] Policy Highlights - The document introduces a "bottom line" and "action" plan, ensuring stable grain production and enhancing agricultural capacity, which will create sustained demand in the planting industry [2][27] - It upgrades the policy on pig production from "monitoring" to "comprehensive capacity regulation," aiming to balance supply and demand in the pork market [2][28] - The document proposes a financial mechanism to support agriculture, utilizing special bonds and long-term bonds to lower financing costs for agricultural enterprises [2][28] Industry Confidence - The document reflects four types of confidence in agriculture: technological confidence, trade confidence, subject confidence, and strategic confidence, which collectively aim to strengthen the agricultural sector [5][30] - The emphasis on technological advancements and international competitiveness in agriculture is expected to benefit leading agricultural enterprises [5][30] ETF Insights - The Agricultural, Animal Husbandry, and Fishery ETF (159275) tracks the CSI Agricultural Index, with its top holdings aligned with the key areas highlighted in the document [6][31] - The ETF's top ten holdings include major companies in pig farming and feed production, which are expected to benefit from the new policies [6][31] - The ETF is viewed as a strategic investment tool for gaining exposure to the core agricultural industry chain, especially at a time when the industry cycle is at a low point [34][45] Market Performance - Following the release of the document, the Agricultural ETF saw a 1.12% increase, indicating rising investor interest [19][40] - Key stocks within the ETF, such as Haida Group and Muyuan Foods, experienced notable price increases, reflecting heightened market attention [19][42] Future Outlook - Short-term policy benefits and seasonal trends may lead to a surge in ETF performance, while mid-term prospects depend on pig prices and capacity adjustments [44][45] - Long-term agricultural modernization is a national strategy, with leading companies expected to capture more market share as industry concentration increases [45][46]