Distillery Stock Looks Promising

The company is one of the largest producers of distilled spirits in western China and products under its 'Yili' brand are recognised as being the No. 1 white spirit in Xinjiang province. Notably, the company has developed its own proprietary brewing technology.

The company has a stake in Xinjiang Jinshi Futures Co. Ltd, which has been approved by the CSRC as a qualified financial futures agent.

In the secondary market, the company's stock repeated past poor performances, with peaks and troughs in its history, but it is expected to rebound. Investors are advised to pay close attention.


Source: China Securities Journal

Date: 1 Jul 2008

CN01/RL/MZ/BT/MM