Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Tyson buys into Chinese chicken king

by Tony Sagami on September 11, 2008

in Asian Market, Stock Market in China

Tyson Foods is buying 60% of Shandong Xinchang Group, one of the largest poultry producers in China.

I think this is a very smart move by Tyson. Why? I expect food to be one of the hottest investment sectors in thecoming years.

I also liked this quote from Tyson: “Poultry is the second leading meat protein source in China behind pork and continues to make significant gains inconsumption.”

Why? Because it reaffirms the potential of Zhongpin Inc. (Nasdaq:HOGS).

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