China’s genetically modified (GM) crop sector surged in Tuesday’s trading session, with Qiule Seed Industry leading gains by soaring over 10%. The rally extended across major agricultural players, including Shennong Seed Industry (300189), Kangnong Seed Industry, and Quanyin Hi-Tech (300087), while Fengle Seed Industry (000713) and Dunhuang Seed Industry (600354) also posted significant advances.
The sector-wide momentum follows recent policy developments from China’s Ministry of Agriculture, which approved new safety certificates for several GM crop varieties last week. Market participants are positioning for accelerated commercialization of GM technology in domestic agriculture, particularly after provincial-level trials showed promising yield improvements for approved strains.
Trading volumes in seed stocks reached multi-week highs, suggesting both institutional and retail investors are building positions ahead of expected policy support in the upcoming central rural work conference. The movement reflects growing consensus that GM adoption will be a key component of China’s food security strategy, with potential for expanded planting areas in the 2024-2025 crop seasons.
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