China's biggest pork producer gains as scandal hits farms

Henan Shuanghui Investment & Development Co. (000895), China’s biggest pork processor, plans to boost output more than 50 percent this year as consumers look past a safety scare linked to small farmers and demand for meat surges as incomes rise.

As Shanghai cracks down on distributors following the discovery of thousands of dead pigs floating in the city’s main waterway, Henan Shuanghui is preparing to spend 5 billion yuan ($805 million) on expansion this year, said Zhang Taixi, president of the Luohe-based company in north central China’s Henan province.