Following Beyond Meat's spectacular US debut, equity traders have been looking to play the global plant-protein trend in China, and it's been a winning bet in May.Following Beyond Meat's spectacular US debut, equity traders have been looking to play the global plant-protein trend in China, and it's been a winning bet in May.
The trade is getting so speculative that it's forced some companies to explain why they won't benefit from the growing global appeal of meat substitutes - a market that barely exists in China.Escalating trade tensions and rising pork prices attracted even more buyers to the sector, betting that prices for some agricultural goods will increase.
"Beyond Meat's performance has stoked a frenzy. These speculative trades are particularly dangerous when risk appetite retreats."
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