Fuxing China (“Fuxing”) piques my interest as analysts have ascribed an average target price of $0.27 which last traded at $0.16. This represents a whopping 69% potential upside. Dividend yield is around 4.3%. Below is a summary of Fuxing. Description of Fuxing China Fuxing is located in Jinjiang City and commands an estimated 4% market share in the PRC zipper industry, lagging behind the industry leader Fujian SBS with a 5% market share. Except for the colour dyeing process in zipper chains and electro-plating process in zipper sliders, Fuxing is a vertically integrated zipper manufacturer and the 2nd largest in […]