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Benzinga
Benzinga
World
The Bamboo Works

One Man's Loss Is Nissin Foods' Gain in Hong Kong Outbreak

Key takeaways:

  • Nomura says Nissin Foods is profiting from recent panic buying in Hong Kong, adding it sees more than 30% potential upside to its stock
  • The instant noodle maker is valued higher than its peers, suggesting the market thinks it is better positioned to succeed in the vast mainland market
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