Policy Accelerates Development and Revision of Food Safety Standards, Penghua Food ETF Rises Nearly 1%

In terms of news, the State Council Food Safety Office will accelerate the improvement of the regulatory and standard system this year, promote a comprehensive revision of the Food Safety Law, and speed up the formulation and revision of standards related to prepared dishes, pesticide and veterinary drug residue testing, cold chain transportation, and other food safety areas.

CITIC Securities research reports indicate that the current consumer market is at a critical window of weak recovery and policy expectation battles. Based on marginal improvements in macro data and verification from high-frequency micro data, 2026 is expected to be a key year for establishing a turning point in the consumer industry’s prosperity. Due to the still relatively weak macro environment, the self-repair of consumer confidence is expected to take time. In the short term, overall beta opportunities may focus on the potential of fiscal stimulus policies. Currently, consumer investment allocation should follow a conservative yet innovative approach—building a foundation with high-dividend stocks and breaking through with resilient growth consumption: one side involves leveraging policy flexibility and wealth effects through sectors like service consumption; the other side involves constructing defensive core holdings with high-dividend assets, while closely monitoring opportunities in catering supply chains, dairy products, and other sectors as CPI turns positive, leading to price and volume increases. Long-term allocation continues to emphasize the importance of changes in consumption structure.

As of 09:40 on March 13, 2026, the CSI All-Share Food Index (H30192) rose by 0.74%. The constituent stocks included YueGui Co., Ltd. (+6.67%), Kangbit (+5.08%), Goldfish (Jinlongyu) (+3.96%), Daodaoquan (+2.79%), Guangnong Sugar Industry (+2.55%). The Food ETF Penghua (560130) increased by 0.62%, with the latest price at 0.98 yuan.

The Penghua Food ETF closely tracks the CSI All-Share Food Index, reflecting the overall performance of securities from different industries within the CSI All-Share Index. It provides investors with analytical tools by classifying the index’s sample stocks into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries based on the CSI industry classification. All securities within each level are used as samples to compile the industry indices, forming the CSI All-Share Industry Index.

Data shows that as of February 27, 2026, the top ten weights in the CSI All-Share Food Index (H30192) were Haitian Flavouring and Food, Yili Group, Shuanghui Development, Angel Yeast, Anjoy Food, Jinlongyu, COFCO Sugar, New Hope Liuhe, Tomson Biotech, and Tuoji High-tech, with the top ten stocks accounting for a total of 48.72%.