Livestock ETF prices remain low and attract market attention, with net subscriptions exceeding 200 million units today. The regulation of hog production capacity has been intensified.

The livestock sector rebounded strongly today, with continuous fund inflows, and the Livestock ETF (159867) saw a net subscription of 205 million units today. In terms of news, the average price of national external three-yuan pigs has recently fallen below 10 yuan/kg, and the industry is generally experiencing deep losses. Currently, the ETF price is below the 250-day moving average, and the tracking index, the CSI Livestock PE-TTM, is at a low percentile point (33%) over the past five years, indicating investment value.

West China Securities pointed out that the National Development and Reform Commission and the Ministry of Agriculture and Rural Affairs have jointly held a seminar with pig farming enterprises, clearly requiring a scientific reduction of the breeding sow stock and orderly control of the slaughter rhythm, as well as initiating central frozen pork storage and local coordinated storage. The policy side has significantly strengthened the control over production capacity, which is expected to accelerate the rebalancing process of supply and demand in the industry.

As of March 24, 2026, 15:00, the CSI Livestock Breeding Index (930707) rose by 0.85%, with component stocks such as Blue Ocean Biological rising by 5.64%, Meino Biological by 5.53%, Jinxinnong by 5.27%, Yike Food by 4.83%, and Huaying Agriculture by 4.43%. The Livestock ETF (159867) increased by 0.66%, with the latest price reported at 0.61 yuan.

The Livestock ETF closely tracks the CSI Livestock Breeding Index. The CSI Livestock Breeding Index selects listed company securities involved in livestock feed, livestock medicine, and livestock breeding businesses as samples to reflect the overall performance of listed companies related to livestock breeding.

Data shows that as of February 27, 2026, the top ten weighted stocks in the CSI Livestock Breeding Index (930707) are Haida Group, Muyuan Foods, Wens Foodstuff Group, Zhengbang Technology, Meihua Biological, New Hope, Bio-Stock, Dabeinong, Shennong Development, and Lihua Shares, with the top ten weighted stocks accounting for a total of 66.76%.