Cofco (HK) owns stakes in five Hong Kong-listed food companies and one listed in Shenzhen. Photo: Getty

China’s food security guardian Cofco in US$1.1 billion buyout bid for Hong Kong listed unit

  • Shares of China Agri-Industries Holdings rise by more than 28 per cent to its highest level since April 2017
  • Cofco (HK) owns 60.75 per cent of China Agri
Topic |   China economy

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Cofco (HK) owns stakes in five Hong Kong-listed food companies and one listed in Shenzhen. Photo: Getty
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Eric Ng

Eric Ng

Eric joined the SCMP in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a Masters of Business Administration degree.