Monday, March 28, 2011

Chinese demand fuels grouper investment

Taiwanese-raised grouper, a highly valued fish favored by local aquaculturists, have become a hot commodity that have caught the attention of investors in various industries. T C Chou, president of MiTAC-Synnex Group's investment arm Harbinger Taiwan, said Chinese consumers have adopted the Hong Kong habit of eating fresh grouper at banquets, creating a demand that has surpassed the annual supply of 50 million of the fish from Taiwan, Malaysia and Vietnam.

Harbinger has invested over NT$10 million (US$339,800) in Long Diann Marine Bio Technology Co, whose chairman, Tai Kun-Tsai, has been dubbed "the grouper king" for his advanced breeding technology and marketing strategies. Read more ...

 This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.
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