Examining animals to find illnesses or injuries.Injecting animal semen into female animals for breeding purposes.Attaching rubber collecting sheaths to the genitals of tethered bulls and stimulating the animal's organ to induce ejaculation.Adjusting controls to maintain building temperatures required for animals' health and safety.Ultimately, a top-notch animal breeder should be an effective communicator, have good organizational skills, and be physically fit. To be successful as an animal breeder, you should have knowledge of the animal breeding process, a passion for animal breeding, and knowledge of the potential risks of animal breeding. The responsibilities of the Animal Breeder include facilitating breedings, assisting with births, and administering medications and supplements. The Shenzhen exchange said it has Tianshan Animal under special monitoring and warned investors that the company could be exposed to risks due to a higher-than-average price-earnings ratio that lacks support from business fundamentals.Ĭontact reporter Han Wei and editor Bob Simison our app to receive breaking news alerts and read the news on the go.We are looking for an animal breeder to be responsible for selecting and breeding animals according to genealogy, characteristics, and offspring. The company’s 2019 net loss totaled 60.8 million yuan. In the first half 2020, Tianshan Animal reported a net loss of 7.6 million yuan, 41% more than in the same period last year. Listed in 2012, Tianshan Animal has booked a combined 2.1 billion yuan loss during the past eight years. The establishment of the new subsidiary is still in an early stage of discussion. However, Tongliao Tianshan, established in May, has yet to deliver any product to the market with 596 cows in inventory as of Aug. The news further boosted the share price. 27, Tianshan Animal said its cattle breeding unit, Tongliao Tianshan Husbandry Co., plans to set up a new subsidiary to expand capacity. Official data showed that the wholesale price of beef has increased more than 3% since mid-June. Investors’ enthusiasm for Tianshan Animal also reflects a recent rise in beef prices. More than 300 companies have queued up for listing on the ChiNext board under the new rules. 24 booked an average 212% gain on their first trading day. Several brokerages including Ping An Securities and China Galaxy Securities in recent research notes warned of investment risks related to surging small cap stocks. Hot money has turned to the ChiNext board amid recent fluctuations on the main boards, pushing up transactions on ChiNext, said Zhang Zihua, chairman of investment company Yunyi Asset. 28 for a review of the share price moves, but that didn’t stop the stock from continuing to soar. The exchange regulator ordered the company to halt trading Aug. Small retail investors - those with less than 3 million yuan of stock in their accounts - were responsible for 68.5% of the trading in Tianshan Animal during the period. More than 90% of the buyers were individual investors, data from the exchange showed.
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3, a total of 274 million of the company’s shares were traded with transaction values totaling 4.15 billion yuan. The Tianshan Animal surge has been mainly driven by individual investors seeking a quick return, according to the Shenzhen Stock Exchange.
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In addition to the new listings, cheaper ChiNext stocks like Tianshan Animal have lured investors betting on the reform-fueled market boom despite the stocks’ poor business performance, analysts said. The board also eased restrictions on stocks’ daily trading limits, making it similar to the year-old STAR Market in Shanghai. 24, the board allowed the first batch of 18 companies to debut under a new registration-based initial public offering mechanism, which replaced the previous approval-based system. The trading frenzy in Tianshan Animal partly reflects market mania ignited by rule changes in July on the ChiNext board in China’s latest market overhaul. The unusual stock surge prompted the Shenzhen bourse regulator to sound a warning alarm (link in Chinese) Thursday night, calling on investors to beware of risks and to trade rationally. It was the ninth straight day for the small-cap stock to hit the daily limit, with the share price surging 286% from about 6 yuan to 23.16 yuan ($0.88–$3.39) as of Thursday. Ltd., which develops cattle breeding and genetic improvements, closed trading Thursday about 20 minutes ahead of the closing bell after its stock rose by the 20% daily limit. Xinjiang Tianshan Animal Husbandry Bio-Engineering Co. A money-losing Xinjiang-based livestock breeder became the darling of small investors on China’s newly restructured ChiNext tech board in Shenzhen, fueling a nearly 300% price surge over nine trading days while eliciting a warning from regulators against excessive speculation.