Sichuan implements subsidies for pig farming, the agricultural ETF Tianhong (512620) index turned positive during trading, institutions say the sector is currently in a left-side allocation window

Sichuan Province has implemented a subsidy policy for pig farming, and the agricultural ETF Tianhong (512620) has performed well in the market, with related indices rising. The agricultural sector as a whole is showing signs of recovery, with some constituent stocks such as Luoniushan and Cangge Mining experiencing significant increases. Guohai Securities analysis believes that although pig prices may fluctuate in the short term, the de-capacity of pig farming will accelerate, and the current period is a left-side allocation window for the pig farming sector