Core Viewpoint - The outlook for the pig industry in 2026 suggests a strengthening of new paradigms, with expectations of a moderate decline in pig prices while leading companies are likely to maintain profitability throughout the year [1] Price New Paradigm - The characteristics of the new price paradigm for pig prices are expected to continue validating shorter cycle lengths, converging amplitudes, and reduced volatility [1] Growth New Paradigm - Leading companies in the pig industry are entering an opportunity period for the "growth new paradigm," where both growth and value attributes are expected to rise [1] Investment New Paradigm - Investment strategies in the sector are shifting from a purely cyclical approach to a combination of cyclical and value considerations, with a continuous reshaping of the valuation system for low-cost, large-scale leading enterprises [1] - Leading companies are anticipated to consistently outperform the industry [1]
中金：2026年龙头猪企有望持续跑赢行业
Di Yi Cai Jing·2025-12-19 00:06