China National Fisheries (000798) Limit-Up Driver Analysis: Dual Drivers of Geopolitics and Industry Policies

China National Fisheries, as a leading enterprise in China’s distant-water fisheries [0], has shown strong stock performance recently. On November 17, it achieved two consecutive limit-ups with an increase of 10.03% [2]. Driving factors include: 1) The aquatic product countermeasure concept triggered by the escalating tension in Sino-Japanese relations [1], where the company’s distant-water fishing business directly benefits; 2) A large inflow of institutional funds, with the Longhu List showing a net purchase of 13.7477 million yuan on that day [7]; 3) Policy support for the aquatic industry [9] and linkage with the pre-made dish concept [0]. The company’s net profit in the first three quarters of 2025 increased by 230.08% [0], and the improvement in fundamentals provides support for the stock price.

Geopolitical events and industry policies form a resonance effect: The tension in Sino-Japanese relations amplifies the policy dividends of the aquatic industry [1,9], and the rapid deployment of institutional funds intensifies short-term upward momentum [7]. The company’s business structure (distant-water fishing + processing) perfectly aligns with current market hotspots [0].

: Changes in geopolitical situations may lead to significant fluctuations in stock prices [1]; Excessively high short-term gains pose correction pressure [3]. : Long-term development space for the industry under policy support [9]; Expansion potential in the pre-made dish track [0].

The limit-up of China National Fisheries’ stock price is the result of the superposition of multiple factors: geopolitics, institutional funds, policy support, and fundamental improvement. Investors need to pay attention to the evolution of geopolitical situations and the implementation of industry policies, balancing short-term fluctuations and long-term value.