Hong Kong Food, Beverage & Tobacco Undervalued over 20% based on DCF

Budweiser Brewing Company APAC

Market Cap: HK$107.3b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, and internationally.

China Resources Beer (Holdings)

Market Cap: HK$82.9b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Uni-President China Holdings

Market Cap: HK$41.2b

An investment holding company, manufactures and sells beverages and food in the People’s Republic of China.

Dekon Food and Agriculture Group

Market Cap: HK$35.4b

Engages in the livestock and poultry breeding and farming businesses.

WEILONG Delicious Global Holdings

Market Cap: HK$29.9b

Produces and sells spicy snack food in the People’s Republic of China and internationally.

China Youran Dairy Group

Market Cap: HK$14.6b

An investment holding company, operates as an integrated provider of products and services in the upstream dairy industry in the People's Republic of China.

Zhou Hei Ya International Holdings

Market Cap: HK$5.6b

An investment holding company, produces, markets, and retails casual braised food in the People’s Republic of China.

Shenguan Holdings (Group)

Market Cap: HK$985.3m

An investment holding company, engages in the manufacture and sale of edible collagen sausage casing products in Mainland China, Asia, and internationally.

Besunyen Holdings

Market Cap: HK$297.1m

Engages in the research and development, production, promotion, and sale of therapeutic tea products in the People’s Republic of China and internationally.