Packaged Foods and Meats(IN40189.SH)

Muyuan Foods courts cornerstone investors for Hong Kong listing

Muyuan Foods is seeking cornerstone investors for its upcoming Hong Kong listing, with Thailand’s Charoen Pokphand Group expected to participate. The listing could raise approximately US$1.5 billion, with other potential investors including Fidelity International and UBS. Despite China's sluggish consumer demand, Muyuan, a major pig breeder, is moving forward with its share sale, joining other companies like Eastroc Beverage Group. Hong Kong is on track for record proceeds from January listings, with over 350 companies awaiting share sales.

Global agricultural commodity market valued at $1.7 trillion in 2024, set to reach $1.9 trillion by 2030 with 2.2% CAGR growth.

A recent report titled "Agricultural Commodity Market - Global Strategic Business Report" has been released and is now available on ResearchAndMarkets.com. The global Agricultural Commodity market was valued at US$1.7 trillion in 2024 and is expected to reach US$1.9 trillion by 2030, with a projected growth rate of 2.2% from 2024 to 2030. This detailed report offers insights into market trends, drivers, and future forecasts to assist in making well-informed business decisions in the global agriculture sector.

Beef Group and Fidelity International are reportedly planning to act as investors for MUYUAN's Hong Kong listing. (Bloomberg)

Pop Mart International Group Limited (735) Receives a Buy from Huachuang Securities

Pop Mart International Group Limited (735) has received a Buy rating from Huachuang Securities, with a price target of HK$319.85, while its shares closed at HK$216.20. Additionally, TipRanks also issued a Buy rating for the company, although TipRanks – Google maintained a Hold rating on the same day.

Gold climbs to a record high at $5120

Gold is breaking out of the recent range and surging to a fresh high at $5122.It's a fresh all-time high that's come even with silver consolidating after blasting above $100 on Friday. The strong late buying is a good sign that the bulls aren't yet exhausted, or at least that they're rotating into more gold from silver.