Industry News       English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_Ukrainean


CASTLE MALTING NEWS in partnership with www.e-malt.com Ukrainean
23 May, 2006



Brewing news Singapore: Beverage stocks are being currently overpriced

Beverage stocks were plunging in the morning, as many of them deemed overpriced at current levels, says analyst Chen Huiqin at Huatai Securities, Dow Jones Newswires learned May 23.

"Many investors are now aware that their purchase of beverage stocks during the market's rally over the past month was irrational. That's pushed them to cash in," she says.

Chongqing Brewery is down 6.8% at CNY22.90, Zhejiang Guyuelongshan Shaoxing Wine is down 6.2% at CNY8.05, Jiugui Liquor is down 6.2% at CNY5.60. Adds valuation of beverage stocks are still unreasonably high, share prices should fall more in coming sessions.





Назад



E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .














We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.     Ok     Ні      Privacy Policy   





(libra 0.8984 sec.)