China Stock of the Day | Kabutaro & Friends

Guangxi Baiyang Aquatic Group <002696>, a Guangxi-based company that makes aquaculture feed and processes farmed fish, was the Chinese stock most talked about online on October 14, 2026.
Background: On October 14, the stock was locked at its daily limit from the open, marking a fourth consecutive daily limit-up, with more than 270,000 lots of buy orders stacked at the limit price. The catalyst was speculation about a shortage of fishmeal and rising prices. Data from the World Meteorological Organization and others suggest a high chance of one of the strongest El Niño events on record this autumn and winter, and Peru was reported to have curtailed anchovy fishing. According to ING, global fishmeal prices are up more than 75% from a year earlier. However, in the first half of 2026, although revenue rose 21.08% to 2.051 billion yuan, the company posted a net loss of about 82.54 million yuan. The company cautioned that its main business has not changed and that its performance remains uncertain.