|Bid||13.360 x 0|
|Ask||13.380 x 0|
|Day's range||13.360 - 13.800|
|52-week range||8.420 - 13.800|
|PE ratio (TTM)||37.72|
|Forward dividend & yield||0.02 (1.20%)|
|1y target est||11.77|
Nov 13 (Reuters) - Tingyi Cayman Islands Holding Corp * Qtrly profit attributable RMB1.24 billion versus RMB952.6 million * Qtrly revenue RMB19.69 billion versus RMB18.15 billion * Group's gross ...
Chinese venture capital and private equity funds are pouring hundreds of millions of dollars into local start-ups serving up snack food products of the healthier kind, and threatening the market share of larger Chinese and global food companies. Backed by savvy marketing and online promotions targeting the increasingly health-conscious among China’s burgeoning middle class, brands such as nuts seller Three Squirrels and Le Pur, a maker of Greek yoghurt, are nibbling away at the sales of the big corporations in the country's more than $500 billion food and beverage industry. Investment by venture capital firms in China's food and beverage start-ups is close to doubling to nearly $2 billion over the past two years, said Wang Xiaolong, managing director of Hony Capital, one of China's biggest private equity firms and owner of PizzaExpress, a global pizza restaurant company.