Hog Cannibalism Clip Spotlights Grim Plight of China’s Pork Producers
A 23-second clip of hungry pigs overwhelming and biting one of their kin at a farm run by a leading Chinese pork producer was all it took to spark a stock sell-off — and put a spotlight on the operator’s precarious financial position.
The grim video, titled “Pigs Eating Pigs,” bore a caption saying Jiangxi Zhengbang Technology Co. Ltd. hadn’t fed the hogs for eight days. Posted on the Douyin short-video platform at the weekend by a person claiming to work for the firm, the clip was no longer accessible on Thursday but had already been widely reposted and shared.
- MOST POPULAR