Nongfu Spring makes major new investment amid profit pressures
China’s leading bottled water producer has attracted investor attention for its high profit margins, but also caution over its highly priced shares Key Takeaways: Nongfu Spring will invest 5 billion…
FAST NEWS: Uni-President China posts record revenue, but profit drops
The latest: Food maker Uni-President China Holdings Ltd. (0220.HK) announced Wednesday its revenue rose 12% to a record 28.26 billion yuan ($4.05 billion) last year, though its net profit fell…
One Man’s Loss Is Nissin Foods’ Gain in Hong Kong Outbreak
Nomura believes the instant noodle maker could be a big beneficiary as panic buying sweeps the Asian financial hub Key takeaways: Nomura says Nissin Foods is profiting from recent panic…