China Stock of the Day | Kabutaro & Friends

New Hope Liuhe<000876>, a major animal feed and hog producer, was the Chinese stock most talked about online on September 4, 2026.
Background: The A-share market was soft that day, with the Shanghai Composite down 0.3%, the Shenzhen Component down 0.79%, the ChiNext Index down 0.78% and the STAR Composite down 2.16% on turnover of RMB 2.03 trillion. Pork-related shares bucked the trend, and the stock surged in the afternoon to close limit-up. Xinwufeng, Luoniushan, Zhenghong Technology, Tianbang Food and Bangji Technology also hit their limits. The catalyst was tightening supply: National Bureau of Statistics data showed the national breeding sow herd stood at 37.80 million head at the end of the second quarter of 2026, down 3.20% from the previous quarter and within 0.8% of the Ministry of Agriculture and Rural Affairs' target of 37.50 million head. Because sow herd reductions feed through to hog supply roughly 10 months later, the market increasingly views a supply turning point in the hog cycle as near. Computing hardware and semiconductor shares corrected, with Hua Hong Semiconductor down more than 8% and Inspur locking limit-down.