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Chinese Biotech Giant’s Stock Surges on Approvals for Genetically Modified Crops

2021年01月13日 18:06 来源于 财新网
Dabeinong Technology received biosafety certificates for two of its corn and soybean strains from China’s agriculture ministry
Senior Chinese officials have hinted in recent weeks that the country is readying to unleash GM and other technologies on the farming sector to ease food security concerns.

Shares in Shenzhen-listed Beijing Dabeinong Technology Group Co. Ltd. surged to a five-month high on Wednesday after the agriculture giant said the Chinese government had issued biosafety certificates for two strains of its genetically modified (GM) corn and soybeans.

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