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