Mandarin juice might not seem like a blue chip investment stock, but former NSW Deputy Premier, Andrew Stoner, says it is a big deal in China, and getting bigger.
In fact, China’s Bojun Agricultural Holdings is so confident about the growth prospects of its beverage business it wants to plant the special Nanfeng mandarin variety in Australia.
Bojun, is also preparing to float its business on the Australian Securities Exchange (ASX) in November.
It is following the lead of several Chinese-based agricultural companies which have listed on the local market in the past few years to raise cash from local investors and link with Australian farm sector expertise.
Source: queenslandcountrylife.com.au