China Tells

In which country can a noodle company’s stock be chased by en mass investors? China! Recently the big two noodle makers, Wang Want and Tingyi, started to list their depository receipts on Taiwan stock market, and the listing has been chased hard by Taiwanese investors (See Article from Times Online).  Apparently Taiwanese investors are banking heavily on the stomach and pocket of Chinese consumers. Due to the fast economic development in the early 80s, Taiwan has become a relatively mature market for food processors. Therefore they fight hard to seek a life line abroad. China becomes the natural choice for leading Taiwan food manufacturers such as Tingyi and Want Want. It is estimated that the continual relaxation of capital flow between mainland and Taiwan will boost great confidence and energy into the Taiwan financial market.

台湾投资者最近热捧旺旺和亭义股票。这两家公司都是台湾控股但是主要在大陆做生意的食品企业。由于台湾地小人稀，已经很难有食品企业发展的空间。大陆巨大的市场对于这些公司来说不啻为一大救命稻草。