养殖ETF（159865）震荡回调，资金逢低布局，10日吸金超14亿元，含“猪”量约60%

Group 1 - The core viewpoint of the news highlights a recent decline in the Livestock ETF (159865), which dropped nearly 1.5% during trading, despite significant capital inflow into the livestock sector amid a "de-involution" backdrop [1] - Over the past 10 trading days, the Livestock ETF has seen a net inflow of over 1.4 billion yuan, bringing its current scale to over 7.3 billion yuan, indicating strong investor interest [1] - There has been substantial capital subscription in the Livestock ETF today, suggesting ongoing investor confidence in the sector [1] Group 2 - From May to September this year, the government held several meetings regarding pig farming, implementing stricter regulatory policies, with leading pig farming companies required to reduce production by 1 million heads by the end of the year [2] - According to Huashan Securities, the pig farming industry is expected to enter a phase of capacity reduction starting July 2025, with a cumulative decrease of 50,000 breeding sows reported from July to August [2] - The Livestock ETF tracks the China Securities Livestock Breeding Index, which has approximately 60% exposure to pigs, presenting potential investment opportunities for interested investors [2]