Luoniushan (SZ:000735) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-24 03:13Group 1 - The index opened high but retreated, with the ChiNext index turning negative [2] - Tianhong Agricultural ETF (512620) had a trading volume exceeding 10 million yuan and a turnover rate of 2.59% [2] - Tianhong Food and Beverage ETF (159736) saw a trading volume surpassing 35 million yuan [2] Group 2 - Tianhong Agricultural ETF closely tracks the CSI Agricultural Index, covering sectors such as breeding and agrochemicals, with key holdings including Muyuan Foods, Wens Foodstuff Group, and Haida Group [2] - Tianhong Food and Beverage ETF tracks the CSI Food and Beverage Index, focusing on leading stocks in high-end and mid-range liquor, as well as dairy, seasoning, and beer sectors, with top ten weighted stocks including Moutai, Wuliangye, and Yili [2] - On November 10, Roniu Mountain announced a sales figure of 71,500 pigs for October 2025, reflecting a month-on-month increase of 13.84% and a year-on-year increase of 57.90% [2] Group 3 - The Ministry of Finance and the Ministry of Commerce announced the results of competitive evaluations for pilot cities in new consumption formats, with a total of 50 cities listed [3] - According to a report by CITIC Securities, the main investment logic driving the agricultural sector in 2026 will be cycles and growth [3] - The report suggests that due to market losses and administrative capacity reduction, there may be an accelerated capacity reduction in the fourth quarter of 2025 and the first half of 2026, with pig prices expected to fluctuate upwards [3]