The Hong Kong stock market $SHIYUE DAOTIAN (09676.HK)$ In an opposing market, it rose by 23%, reporting at 7.5 HKD, with a transaction amount of 0.32 billion HKD.

On April 4th, it was announced by the Customs Tariff Commission of the State Council to impose a 34% tariff on all imported products originating from the USA. Approved by the State Council, starting from 12:01 PM on April 10, 2025, tariffs will be imposed on imported products originating from the USA. Caitong Securities stated that tariff retaliation may push grain prices up, focusing on the risk-averse properties of the Agriculture Sector. The Pacific Securities indicated that in the short to medium term, trade tariffs may lead to a decrease in agricultural product imports, especially for products like Soybean and Corn, which have high imports from the USA, subsequently driving up related agricultural product prices. It is recommended to pay attention to Thematic Investment opportunities under the rising expectations of grain prices.

SHIYUE DAOTIAN is known to be a Chinese company mainly engaged in the production and sales of staple food products. The company operates three divisions. The rice products division mainly produces various categories of pre-packaged rice products. The grains, legumes, and Other Products division mainly produces pre-packaged brown rice, millet, red beans, and sesame. The dried goods and Other Products division mainly produces pre-packaged wood fungus, Silver fungus, lotus seeds, as well as by-products like bran, rice husks, and broken rice. The company primarily conducts its Business in the domestic market.

Editor/Rocky