Affected by the periphery, A shares fell below 2900 points. Artificial meat concept stocks strengthened against the market.
Affected by factors such as the weakening of the external stock market, the short-term rebound of A-shares failed to continue. Yesterday, the main index fell back and adjusted across the board. The Shanghai Composite Index fell more than 1% and lost 2,900 points.
On the basis of the previous trading day, the Shanghai and Shenzhen stock markets continued to shrink, with a turnover of 218.9 billion yuan and 269.9 billion yuan respectively, totaling less than 490 billion yuan. Most of the industry sectors closed down that day, while the artificial meat concept stocks continued to perform strongly.
On the same day, the Shanghai Composite Index fell below the 2,900-point mark to 2,871.14 points. In early trading, the Shanghai stock index began to oscillate after 2,866.70 points, briefly turning red and touching 2,294.43 points. Since then, the Shanghai Composite Index has turned downwards and closed at 2893.76 points, down 32.63 points from the previous trading day, a decrease of 1.12%. The Shenzhen Composite Index closed at 9002.53 points, down 86.93 points, or 0.96%. The GEM index is relatively weak. After falling 1.48%, it closed at 1481.87 points. The small and medium board index closed at 5,634.41 points, a drop of 0.98%.
Global hot fried artificial meat
According to the Eastern Fortune Choice data, as of the close of May 8, among the 17 listed companies in the A-share market artificial meat concept stocks, except for one decline and one flat, the other 15 companies all rose, among which Fengle Seeds And Denghai Seeds and other 10 daily limit, Hakko has the highest increase, reaching 10.09%. However, many listed companies, including Hakoco and Shuangta Food, have denied the concept of “artificial meat”.
According to industry analysts, on May 2, local time, the first day of the “first-generation artificial meat” Beyond Meat’s listing has brought about a great advertising effect, which is expected to promote the consumption of “artificial meat” and domestic manufacturers. The two-tower foods that produce pea protein, and Heilongjiang soybean deep-processing enterprise Hakco, are expected to become the leading “artificial meat” in the Mainland.
On Wednesday, the three major US stock indexes opened slightly lower, but Beyond Meat continued its strong gains, opening more than 5%. Beyond Meat rose against the market on Tuesday, rising by 13% in intraday trading. The increase since the IPO expanded to about 240%, eventually closing up 5.86%, up 210% from the listed price.
In the context of the concept of hot-fried artificial meat in the US market, domestic related industries have begun to receive more attention. In the A-share market, Shuangta Food and Fengle Seeds are known as “concept stocks” and have risen sharply in the last two trading days.
In contrast, pork concept stocks once again led the decline yesterday. At the close, Hefeng Animal Husbandry, Shanghai Meilin, Delis, Zhengbang Technology, Yisheng Shares, Tangren Shenshen, New Hope, Tiankang Bio, and Huatong shares plunged more than 9%. On May 7th, the pork concept plate plunged, the Aonom bio closed down more than 8%, and Zhengbang Technology and other stocks fell more than 7%.
The gains in the pig price rose
Guoling Securities Wang Ling team pointed out in the latest research report that vegetarian meat consumption is beginning to emerge, and there may be more room for development in first-tier cities in the Mainland: in recent years, with the improvement and improvement of living standards, people’s awareness of health and environmental protection has improved. With the rise of the global vegetarian market, more and more people are beginning to accept the new type of healthy food such as “artificial meat”, and the theme restaurants with vegetarianism in China are also springing up. There are already some famous vegetarian manufacturers in the Mainland, such as Suzhou Hongyi Vegetarian, Ningbo Sulian Food, Shenzhen Qishan Vegetarian, and their products can be purchased through the e-commerce platform.
Considering that the price of vegetarian meat products is slightly higher than that of animal protein meat products sold in the market, and consumers’ demand for them comes from health, environmental protection and hunting, vegetarian meat has a large room for development in first-tier cities. In addition, pig prices have risen sharply under the influence of African swine fever, while domestic meat consumption demand is rigid, and under the supply gap, “artificial meat” is expected to benefit.
Guosheng Securities also pointed out that the “artificial meat” industry chain is similar to soy products. According to the Beyond Meat prospectus, the main raw materials produced are soybean, pea protein and other plant materials, which are produced by mixing, heating, pressing and condensing processes. From a domestic perspective, the main raw material of “artificial meat” is soybean meal, so the upstream of the industrial chain is the soybean processing enterprise (usually buying soybean meal to the oil mill) or the raw material trader, and the middle reaches is the deep processing of soybean products (soy protein production). Downstream applications are sold to food processing companies for use as excipients, and on the other hand to vegetarian meat producers to make “artificial meat.”
However, there is no change in the concept of pork stocks. Some analysts believe that the decline in pork stocks is due to the excessive increase in the previous period and the accumulation of too many profit-making discs. When the overall macro environment is not good and the market is adjusting, the funds are from The willingness to flee in the early stage of the overstretched sector is relatively strong. Second, the African swine plague situation has not improved. Under the premise that the overall performance in the first quarter is not satisfactory, investors are more worried about the future performance of the pig company, and more are on the sidelines.
What is artificial meat?
According to documents from the world’s first artificial meat concept stock, Beyond Meat, to the US Securities and Exchange Commission, the company launched the vegetarian burger Beyond Burger in July 2016, both in appearance, in cooking, and in taste. The beef burger is very close, and this vegetarian burger has become Beyond Meat’s iconic product, accounting for 71% of total revenue.
Made from pea protein and beet juice, these “meat pieces” contain 5 grams of saturated fat, contain no cholesterol, and “bleed” like real meat when cooking. Compared with traditional beef, Beyond Meat is not inferior in nutrition, but also has the advantages of no antibiotics and hormones. It is also reported that the Dutch company Mosa Meat uses “stem cell culture” to make artificial meat, but it is not very mature at this stage, so most artificial meat companies have chosen the “plant protein synthesis” method to produce Artificial meat.