BEIJING: Shares in China's leading pig producers have soared to record levels despite one of the worst disease outbreaks in years, as investors bet on tightening pork supplies and strong government support for leading producers.
While listed companies still account for only a modest proportion of China's annual production of 700 million pigs, they are growing quickly as Beijing promotes modern farm techniques. Muyuan produced 11 million pigs last year. Large players with low-cost modern farms that are better able to resist disease are expected to reap good profits.
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