Fufeng Group (HKG:0546) Research Report Prodyced By Royal Bank of Scotland (RBS) (NYSE:RBS)

  Hong Kong, China, July 5, 2010 - (ABN Newswire) - Fufeng Group (HKG:0546) (PINK:FFNGY) is China's largest glutamic acid and second-largest MSG producer. We forecast an earnings CAGR of 20% for FY10-12, driven by capacity expansion and increasing cost savings. We initiate with a Buy rating and a HK & #36;7.10 target price.  

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