The New Hope Group Co sets up investment arm

China's largest animal feed producers New Hope Group Co are to launch an overseas investment arm this month with international investors, including Singapore's sovereign wealth fund Temasek Holdings, New Hope Chairman Liu Yonghao said. "The investment will focus on agricultural products and related businesses overseas and in China," Liu said. "China has 800 million farmers, of which 300-400 million are moving to cities," he said. "That will increase the demand for agricultural products while decrease the supply. This is positive to agricultural companies, like us." Read more ...