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Sausage ceasefire may not end war between China's noodle kings
date:Oct 10, 2013
MB in Shanghai.

Shares in both companies have fallen as the noodle war dragged on, although valuations remain rich.

Uni-President's stock, which had outperformed Tingyi and the benchmark Hang Seng Index .HSI in the first quarter of this year, is now down more than 1.2 percent year-to-date.

Tingyi's stock has dropped 8.5 percent over that period, lagging a 1.7 percent gain for the benchmark index.

Still, Tingyi's shares are trading at nearly 29 times forward earnings, a 10.9 percent premium t

12/21 17:13