China's Haitian Flavouring slumps on reports of poor standards test

Foshan Haitian Flavouring and Food Co

15/10/2018 06:57

** Shares in Foshan Haitian Flavouring and Food  603288.SS 
slump as much as 7.7 pct to a one-month low, after media reports
of quality problems on soy sauce products 
    ** Stock still up more than 30 pct this year, far
outperforming the broad market 
    ** An index tracking major food & beverage firms  .CSISFBI 
falls as much as 1.9 pct 
    ** There are 29 samples out of 120 samples that fall short
of national standards, including some of Haitian's soy sauce
products, according to a test on soy sauce products by Jiangsu's
consumer protection watchdog, the official People.cn reports 

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