Xin Lang Ji Jin·2025-11-26 11:53Group 1 - The agricultural, animal husbandry, and fishery sector experienced a decline on November 26, with the only agricultural ETF (159275) dropping by 0.5% by the end of the trading day [1][2] - Key stocks in the sector, particularly in aquaculture, faced significant losses, with Zhongshui Fishery hitting the limit down, and Zangzi Island and Guolian Aquatic Products falling by 9.19% and 7.22% respectively [1][2] - The Ministry of Agriculture and Rural Affairs has been signaling a focus on capacity regulation, emphasizing the need to stabilize the market for major livestock products [1][3] Group 2 - Tianfeng Securities noted that the pig price remains low, and under policy guidance, there is potential for capacity reduction, highlighting the importance of the pig farming sector's expectations [3] - The agricultural, animal husbandry, and fishery sector's valuation is currently at a relatively low level, suggesting it may be a good time for investment [3] - Huaxi Securities indicated that the pig farming industry is beginning to actively reduce capacity amid losses, with a potential upward shift in domestic pig prices in the medium to long term [4] Group 3 - The industry is facing pressures from falling market prices, rising epidemic risks, and policy guidance, which are expected to enhance the motivation for capacity reduction [4] - Most listed pig farming companies are currently valued at historical lows, indicating significant potential for long-term investment appreciation [4] - The only agricultural ETF (159275) tracks the CSI Agricultural Index, which includes leading companies in pig farming and covers various segments of the agricultural supply chain [5]