China Pet Foods: Own brands lift growth as global expansion unfolds

研报英文原文证据摘录

China Pet Foods: Own brands lift growth as global expansion unfolds

vidual investment objectives, financial situations and specific needs at the time, consult with

professional consultants regarding such decision, and bear all the risks. Nomura Orient International Securities and/or its

affiliates (including their respective employees) shall not be held liable for any errors or omissions in the information and

opinions herein (regardless of the reasons for such errors or omissions), or for any consequences arising from the use of or

reference upon this report.

The opinions, assessments and forecasts contained herein are only the opinions and judgments at the time of this report’s

production and publication (or the specific date stated in the report). Such opinions, assessments and forecasts are subject to

change and may be amended without any notification. At different periods, Nomura Orient International Securities may release

reports which are inconsistent with the opinions, assessments and forecasts contained herein.

The analyst(s) named in this report may, within this report or in communications with clients, sales personnel, trading personnel

and other business personnel of Nomura Orient International Securities, discuss trading strategies regarding events that may

have a short-term impact on the market price of the subject securities or other financial products covered in this report. Such

analysis of short-term impact may be contrary to or inconsistent with the analyst’s published views on the price target, rating,

valuation, or forecast of the subject securities or other financial products. Regardless of any such contradiction or

inconsistency, this does not affect the analyst’s fundamental rating or assessment of the subject securities or other financial