Sino Grandness

Sino Grandness: China-based supplier of canned fruits and vegetables secures multiple agreements with 16 distributors to sell its new bottled juices in Beijing, Guangdong, Hunan, Hubei, Jiangxi, Xinjiang, Gansu provinces, with deals expected to contribute to current-year earnings. Backdrop of rising disposable incomes, and a more health conscious general population positive for growth of the fruit and vegetable juice market. Phillip Sec has Buy call with $0.58 target.