Pork crisis makes pig farmer world's fastest-rising billionaire - News Summed Up

Pork crisis makes pig farmer world's fastest-rising billionaire


China's pork crisis, worrying consumers as it pushed inflation to a multi-year high last month, has still produced some huge winners. Other winners include Hong Kong-listed WH Group, the world's biggest pork producer, and New Hope Group, a pig breeder and animal-feed maker. He holds the shares directly and with his wife through Muyuan Industrial Group, according to the company's third-quarter filing. The disease, for which there is no approved vaccine, can be fatal for pigs but doesn't affect human health. "Swine fever brings both benefit and harm," Qin said in the interview.


Source: Stuff December 13, 2019 23:03 UTC



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