GUOLIAN AQUATIC(SZ:300094) Xin Lang Ji Jin·2025-11-19 07:00Core Viewpoint - The agricultural, animal husbandry, and fishery sector experienced a significant surge in the market, driven by strong performance in the aquaculture stocks, particularly due to external factors affecting supply and increasing domestic demand for quality aquatic products [1][4]. Group 1: Market Performance - The only agricultural, animal husbandry, and fishery ETF (159275) saw a 0.5% increase in price during the trading session, recovering from earlier weakness [1]. - Key stocks in the aquaculture sector, such as Guolian Aquatic Products, Zangzi Island, and Tianma Technology, reached their daily limit up, indicating strong investor interest [1][4]. Group 2: Supply and Demand Factors - Supply-side influences include ongoing concerns regarding the impact of Japan's nuclear wastewater discharge, which may lead consumers to prefer domestic aquatic products, thereby boosting demand for local offerings [4]. - On the demand side, there is a growing consumer preference for high-quality protein sources from aquatic products, further supporting the sector's growth [4]. Group 3: Policy and Future Outlook - Policy initiatives, such as the 2025 Central Document No. 1 promoting "green and healthy aquaculture," and the release of the "Smart Fishery Development White Paper," are expected to inject new momentum into the aquaculture industry [4]. - Long-term projections indicate a significant recovery in the aquaculture sector by 2025, with major aquatic product prices expected to rebound to historical highs, driven by market adjustments following previous years of overproduction [4]. Group 4: Valuation and Investment Opportunities - The agricultural, animal husbandry, and fishery sector is currently viewed as an attractive investment opportunity, with the agricultural ETF's price-to-book ratio at 2.58, placing it in the lower 31.25% percentile over the past decade [3]. - Analysts recommend focusing on the agricultural, animal husbandry, and fishery ETF (159275) for exposure to a diversified range of stocks within the sector, including aquaculture, pig farming, feed, and crop planting [5].