Seeking Alpha

Chinese agricultural biotechnology companies spike on new potash bill

  • Origin Agritech  (SEED +23.9%) and Agria (GRO +15.5%) shares spike after reports surface that China's Ministry of Agriculture has approved a new potash bill which is being perceived as a boon for agricultural biotech companies.
  • Tianli Agritech (OINK +3.4%) is up as well but lagging the pack.
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