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Boxing Cat Brewing is among the home-grown players that have benefited from the pro-local beer sentiment in Shanghai.[Photo provided to China Daily]
But Barron’s has its doubts.?“Management says it’s keeping prices low to gain more customers while spending on distribution centers and data farms that will pay off in years to come,” says the article. “But it offers few details to suggest how soon that payoff will come and how large it will be. A lofty stock valuation means gains could stall in coming years even as the company thrives if investors lose some of their eagerness.”
Brent crude for May delivery was down 13.4 percent, to close at .88 a barrel on the London ICE Futures Exchange, with prices ending at their lowest since May 2003.
Bowman will also promote London’s role in the Chinese government’s Greater Bay Area plan to develop an integrated economic and business hub linking Macau, Hong Kong and several cities in Guangdong province.
Brad Tilden
来源：资阳报