生猪板块高开回落！商务部正式宣布对欧盟进口猪肉反倾销

Group 1 - The Shanghai Composite Index opened lower, with strength in the non-ferrous and communication sectors, while sub-sectors like lithium mining and liquid-cooled servers led the gains [1] - The Ministry of Commerce announced that starting from December 17, 2025, anti-dumping duties will be imposed on imported pork and pork by-products from the EU, citing substantial damage to the domestic industry and a causal relationship between dumping and substantial damage [1] - The pig farming sector is being closely monitored by multiple institutions as a potential reversal sector, driven by policy guidance and market losses leading to accelerated capacity reduction, setting the stage for a price rebound in 2026 [1] Group 2 - The Agricultural 50 ETF passively tracks the CSI Agricultural Theme Index, which is more balanced and comprehensive compared to other livestock and grain indices, covering 39.98% in livestock, 18.99% in agrochemicals, 12.19% in feed, and 8.63% in planting [2] - The overall valuation of the agricultural index (PE-TTM) is 19.56 times, positioned in the extremely undervalued range at the 12.05% level over the past decade, indicating strong cost-effectiveness [2] - According to insights from Dongfang Securities and Zhongtai Securities, 2026 is expected to be an upward turning point for agriculture, with livestock and planting sectors set to gain momentum sequentially, and the livestock sector likely to hit bottom in the first half of 2026 [2]