Having seen a ports business thrive on Chinese exports, Hutchison Whampoa’s group finance director is now focused on rising domestic demand
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Category: Consumer
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Where's the beef?
Joel Haggard, Asia Pacific senior vice president of the US Meat Export Federation, on bringing red meat to China
Source: Money.163.com
Carlsberg (CARL.OMX) will pay US$342 million for a 12.25% stake in Chongqing Brewery (600132.SH), a move that the Danish brewer described as integral to its long-term growth strategy for Asia, the Wall Street Journal reported. The deal, which is subject to approval from relevant authorities and minority owners, will take Carlsberg’s total holding in Chongqing […]
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RT-Mart considers Hong Kong IPO
RT-Mart China, the country’s largest hypermarket chain by market share, is eyeing a US$800 million initial public offering in Hong Kong, Bloomberg reported, citing two people familiar with the situation. The company, which originated in Taiwan and is now part-owned by French chain Groupe Auchan, generated sales worth US$5.7 billion in 2009, or 10.7% of […]