China's Foshan Haitian Flavouring at 6-month low on earnings worry

Foshan Haitian Flavouring and Food Co

29/10/2018 03:15

** Shares in seasonings producer Foshan Haitian Flavouring
and Food  603288.SS  slump as much as 8.8 pct to a more than
six-month low, as a slump in liquor stocks raises concerns about
profit growth at consumer firms amid China's economic slowdown
    ** Stock set for 5th day of losses in a row  
    ** Stock has lost around 24 pct this month, on track for its
worst monthly drop since its listing in 2014 
    ** China's biggest liquor maker Kweichow Moutai  600519.SS 
plunges max 10 pct as the firm reports sharply slower profits in
the third quarter  urn:newsml:reuters.com:*:nL3N1X918H 
    ** Foshan Haitian will report Q3 results on Tuesday 

 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))