Consumer China
China Huiyuan Juice
- Published 22 Apr 2010
Huiyuan's weak showing in the fast growing juice drinks segment is weighing on performance.
Background:China Huiyuan Juice Group (1886:HKG) is the biggest brand in the pure juice and nectar markets with 52% and 46% market share respectively. By the end of last year, the group had 38 affiliate companies and 17,111 employees. Huiyuan's share price halved overnight from near record highs back in March last year, when Beijing blocked Coca Cola's (KO:NYSE) $2.4bn (Rmb 16.4bn, €1.78bn, £1.58bn) bid for the group.
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