Earthquake Has Little Effect On Sichuan Pigskin Industry.
Affected by the 7.8 magnitude earthquake yesterday in Wenchuan County of Sichuan Province, 66 listed companies in Shanghai and Shenzhen stock markets are suspended today.
For the impact of the earthquake on the economic situation and the listed companies, the Changjiang Securities Research Department believes that as the main pig producing areas in southern Sichuan, there is no great impact on pig production. What is worth worrying about is that due to pportation and pportation, pig pportation will be restricted, which will lead to the continued rise in pork prices, which will make CPI upward pressure.
The Fund believes that the impact of a sudden earthquake on the economy and the stock market should be taken one step at a time. If the impact is not large, it will be conducive to stable operation of the market. Specifically, regional consumer enterprises such as general merchandise, food and beverages will be greatly affected.
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