Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Winha hints at a rise in Australian exports to China

China-based food retailer Winha Commerce and Trade International's decision to enter the Australian share market is paying off. The company has seen its share price rising 40 per cent in its debut trading session. The move into the Australian market is intended to increase fruit and vegetable exports from Australia into the Chinese market.

Winha is a retailer and wholesaler that specializes in selling premium food products to 1.3 billion consumers in China. The company raised $8.5 million through an offer of just over 24 million shares to the public, at 35 cents per share.

Winha has 44 franchised stores, six branded retail outlets and a supermarket located in southern China, and more than 800,000 registered customers. Shares in Winha were 14 cents, or 40 per cent, higher at 49 cents at 1400 AEDT, with more than 247,000 shares changing hands.

source: au.prime7.yahoo.com


Publication date:

Related Articles → See More