and Beverages (CLFB)(01262) with a "buy" rating, and a target price of HK$3.25.
It said CLFB is the second largest player in the fast-growing jelly market in China,
with a market share of 10.3% in 2010.
BOCI expects CLFB's turnover and earnings to register respective CAGRs of 26.5% and
28.4% in 2010-13. (KL)