Xin Lang Cai Jing·2025-08-06 03:56Group 1 - The livestock ETF (516760) experienced fluctuations, currently down 0.15%, with key stocks like Jinhou Biological (002688) up 2.76% and Huaying Agriculture (002321) up 2.69% [1] - The China Animal Husbandry Association announced a meeting regarding the pig industry, indicating a shift in policy focus towards the agricultural sector, particularly from pig enterprises to slaughterhouses [1] - Financing for pig enterprises has been impacted, with companies like Shennong terminating capital increases and Juxing extending the validity period of their capital increase [1] Group 2 - The livestock ETF closely tracks the CSI Livestock Breeding Index, which includes listed companies involved in feed, veterinary drugs, and livestock farming [2] - The latest price-to-earnings ratio (PE-TTM) for the CSI Livestock Breeding Index is 13.4 times, indicating it is at a historical low, below 87.85% of the time over the past three years [2] - The current valuation of the sector remains low, suggesting a high margin of safety, and it is recommended to actively monitor the livestock ETF (516760.SH) [2]