Deep Analysis of Popular Reasons and Driving Factors for Zhongshui Fisheries (000798.SZ)

Zhongshui Fisheries (000798.SZ) is an enterprise mainly engaged in ocean fishing, aquatic product processing and trade, and marine fishery services. Its main products include tuna, squid and other catches and related services [0][1]. In November 2025, the company’s stock price performed strongly: from November 18 to 21, it achieved 6 consecutive limit-up days, with the stock price rising from 11.34 yuan to 15.09 yuan, an increase of approximately 33%, and the market value reaching 5.52 billion yuan [0][8]. In terms of performance, the company’s net profit in the first three quarters increased by 230.08% year-on-year, showing excellent performance [0].

1. Geopolitical Impact
   : Against the backdrop of tense China-Japan relations, multiple departments issued warnings about Japan-related risks, driving the entire aquatic product sector to surge. The company, as a beneficiary target of the aquatic product substitution concept, was sought after by capital [0][9];
2. Sector Rotation Effect
   : Market capital shifted from the impacted aviation and tourism sectors to defensive sectors such as aquatic aquaculture [0];
3. Policy and Seasonal Factors
   : The policy level has increased support for the aquatic aquaculture industry, combined with the arrival of the consumption peak season to drive demand growth [0];
4. Market Sentiment
   : The company’s stock price hit a new high this year and was included in the list of 378 individual stocks that broke their new highs this year in a week. Investor attention increased significantly, and trading volume expanded [0][5].

1. Geopolitical and Sector Linkage
   : Tense China-Japan relations became the core trigger for this market rally. After multiple departments issued warnings, the aquatic product sector rose collectively, reflecting the direct impact of geopolitical events on specific industries [0][9];
2. Defensive Asset Allocation
   : When market uncertainty increases, defensive sectors such as aquatic aquaculture become safe havens for capital, and the sector rotation effect is obvious [0];
3. Performance and Sentiment Resonance
   : The company’s excellent performance provided fundamental support for the stock price rise, while the high market sentiment further amplified the market rally [0][1].

• If the geopolitical situation eases, it may lead to a cooling of the popularity of the aquatic product substitution concept;
• The short-term stock price increase is large, and there is pressure for profit-taking;
• Risks of intensified industry competition and raw material price fluctuations [0].

• Development opportunities in the aquatic aquaculture industry under policy support;
• Demand growth window brought by the consumption peak season [0].

The recent popular performance of Zhongshui Fisheries (000798.SZ) is the result of multiple factors including geopolitical events, performance growth, sector rotation, and policy support. Investors need to pay attention to changes in the geopolitical situation and the sustainability of performance, and rationally evaluate investment value [0][7].