China Huiyuan - New Issue Assessment - Lucror Analytics
China Huiyuan Juice Group Limited has announced the issuance of USD 150 mn 3-year bonds at 6.5% (IPT: 6.75%). The 3-year tenor is the same as for...
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Sector Capsule: Bottled Water in China
Headlines In 2016, off-trade sales of bottled water increase by 8% in volume terms and 11% in current value terms, to reach 42.1 billion litres...
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Cenmintang IPO Preview: A Beverage and Snack Play Whose Growth Is Hard to Grasp
Cenmintang (CMT) is a snack and beverage producer with over 1000 product varieties, selling within third and fourth tier cities in china. Its...
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China Unlikely to Quench Beverage Firms' Thirst for Growth
We don't expect China's beverage market to reaccelerate to the levels it once enjoyed. Although the country's consumption of soft drinks and...
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Garden Fresh Pre-IPO Review: A High Flyer but with a Low Profile?
Garden Fresh, a China fruit juice company, is looking to raise about US$100-150m to move its production in-house.I examine the company's financials...
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