Cofco Meat (中粮肉食) Placement - Selldown by Financial Investors but Strong Pork Price Could Help

Asia Ex-J Consumer/ Transport analyst

Valerie Law, CFA

Equity Capital Markets

COFCO Joycome Foods / Equity Capital Markets

<p>Following my IPO preview piece on COFCO Meat, there were some enquiries on the history of COFCO Meat. Below are some pieces of history regarding COFCO Meat and its siblings. </p><h2>
<br><strong>"Angry birds" ate all the profits so they got culled</strong>
</h2><p>According to reports from Beijing Business Today (and subsequently picked up by <a href="http://news.xinhuanet.com/fortune/2016-09/08/c_129273606.htm" target="_blank">Xinhua News</a>), COFCO Meat sold away its stake in COFCO Su Qian that was held under its subsidiary COFCO Livestock. Based on news sources, COFCO Suqian was in the business of chicken breeding…</p>

Following my IPO preview piece on COFCO Meat, there were some enquiries on the history of COFCO Meat. Below are some pieces of history regarding COFCO Meat and its siblings. 
 "Angry birds" ate all the profits so they got culled
According to reports from Beijing Business Today (and subsequently picked up by Xinhua News), COFCO Meat sold away its stake in COFCO Su Qian that was held under its subsidiary COFCO Livestock. Based on news sources, COFCO Suqian was in the business of chicken breeding…

COFCO Joycome Foods

COFCO Meat IPO: Revenge of the Pigs