Tyson buys into Chinese chicken king
Source: http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert/0/0/tyson-buys-into-chinese-chicken-kingPosted on Thursday, September 11th, 2008 | In Asia
Contributed by: Tony Sagami (http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert) -
Tyson Foods is buying 60% of Shandong Xinchang Group, one of the largest poultry producers in China.
I think this is a very smart move by Tyson. Why? I expect food to be one of the hottest investment sectors in the coming years.
I also liked this quote from Tyson: “Poultry is the second leading meat protein source in China behind pork
and continues to make significant gains in consumption.”
Why? Because it reaffirms the potential of Zhongpin Inc. (Nasdaq:HOGS).
Last 5 posts by Tony Sagami
- World Bank Calls China: A “Ray of Hope” - April 14th, 2009
- Even Walt Disney Couldn’t Have Imagined This … - April 9th, 2009
- Following the Warren Buffett of China - February 17th, 2009
- Gaming stocks down on their luck - January 20th, 2009
- Japan: worst stock market drop in history - December 31st, 2008
Tags for this Post:
Asia, China, food, poultry producers, Shandong Xinchang Group, Tyson Foods, Zhongpin Inc.
Asia, China, food, poultry producers, Shandong Xinchang Group, Tyson Foods, Zhongpin Inc.
 About Tony Sagami (http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert)
Tony Sagami, a veteran investment advisor and a leading expert on Asian markets, is the owner and founder of Harvest Advisors, an investment research and money management company. Mr. Sagami has been managing money for more than 20 years and is one of the early pioneers in the application of technical and quantitative analysis to mutual funds and stocks. He is a featured contributor to Weiss Research’s daily e-letter, Money and Markets and monthly Safe Money Report as well as the editor of Asia Stock Alert. Prior to establishing his own firm, Mr. Sagami was managing director at W.E. Donoghue & Co, serving additionally as the director of investment. During his successful career, he also held the position of account executive at Merrill Lynch. Mr. Sagami’s views on Asian markets, specifically Chinese investments, have been featured in publications such as The Wall Street Journal, Barron’s, Kiplinger’s, Smart Money, Business Week, New York Times, Washington Post, Investors Business Daily, Bloomberg, Financial Planning Times, Mutual FundsMagazine, Chicago Tribune, and the LA Times, as well as on CNBC and CNBC Asia. Mr. Sagami holds a degree in economics from the University of Washington. |
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