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Asahi Group Holdings said on Wednesday it would sell its entire 19.9 percent stake in Tsingtao Brewery Group Ltd, partly to Fosun and partly to Tsingtao itself, for a total of 7 million.
As the largest fruit producing and consuming country, China produced 257 million tonnes of fruit and imported about 5.53 million tonnes in 2018, the ministry said.
As the center of the world's manufacturing industry, China has witnessed unprecedented upgrading and transformation of industries toward digitalization and intelligence, which will unleash huge market potential, said Gu, adding that China's development has brought many opportunities to the company, and convinced ABB to expand investment.
As well as having financial problems, the firm has also attracted concern over its safety record.
As the epidemic is gradually contained in the country, the operation of most listed companies will be back to pre-outbreak levels, said Fu Lichun, an analyst with Northeast Securities, adding that companies related to new infrastructure and online services will have a positive outlook.
