A tea garden in china’s central Henan province. Xinyang Maojian Group suffered a net loss of HK$47.9 million during the second half of 2018, a year-on-year increase of 74 per cent. Photo: Xinhua

Hong Kong-listed Xinyang Maojian Group to switch to tea production, says shareholder on verge of taking control

  • Shift marks another step in the back-door listing of Chinese tea company formerly known as China Zenith Chemical Group
Topic |   China economy

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A tea garden in china’s central Henan province. Xinyang Maojian Group suffered a net loss of HK$47.9 million during the second half of 2018, a year-on-year increase of 74 per cent. Photo: Xinhua
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Shares of Kweichow Moutai, the maker of fiery Chinese liquor, rose to record highs in the first quarter. Photo: Simon Song

Here are top stock picks by China’s fund managers in the world’s best-performing market

  • Chinese fund managers increased their holdings of consumer stocks by 3.5 per cent in the first quarter
  • Overall stock holdings of Chinese mutual funds rose to the highest level since 2015
Topic |   Stocks

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Shares of Kweichow Moutai, the maker of fiery Chinese liquor, rose to record highs in the first quarter. Photo: Simon Song
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