Source: China – South China Morning PostA recent thirst among investors for Chinese makers of fresh drinks – after a slew of share offerings including the blockbuster Hong Kong listing of Mixue Group – could mean that too much money is chasing the same growth story, according to S&P Global Ratings.
“China’s demand for fresh-made drinks is growing fast as marketing, innovation and supply chains strengthen for this segment,” credit analyst Sandy Lim said in a report on Tuesday.
The trend could “ratchet up competitive spending and…Read More