3. FMCG sector
Fast-moving consumer goods, including distiller and sauce, are among the featured sectors in Chinese stock market.
Though sales of spirits remain soft due to the anti-corruption campaign, Shanghai-Hong Kong Stock Connect is expected to be a catalyst in changing the market momentum and upholding the share prices, said Securities Daily.
Thirteen distillers have witness a rise in stock price since the third quarter, said the news on Oct 25.
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Workers pack distilled spirits in Luzhou city, Sichuan province, Oct 25, 2014. [Photo/IC] |
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