Tsingtao Brewery Co. (0168-HK)

(A Top Pick May 4/15. Down 36.53%.) Sold his holdings when it was down about 5%, but with the US currency, he is probably ahead. It is the biggest brewery globally, and went down on slowing Chinese demand. They earn income in Renminbi and report in Hong Kong dollars, which is tied to the US$. It has recently found a floor and is starting to rise up again.

It is up 25% in the last two years. It is growing in Canada and is getting access to the increasing wealth in China.

(A Top Pick May 2/14. Down 8.17%.) A brewery in China, and one of the largest globally. Owns this as a play on growing domestic consumption in China and ongoing urbanization. Still likes this and its outlook.

(A Top Pick Jan 30/14. Down 8.72%.) Excellent balance sheet. The market is not liking that it is not growing as fast as it was. Longer-term, the Chinese consumer is getting wealthier and this is a way to play that. Expects a dividend will be increasing this year and they will continue recording double-digit growth.

Has been growing at double digit rates. Brewing companies use a ton of energy. So lower energy costs are helpful for this story. It is relatively cheap. Owned since the low $30s.

Chinese stock that also trades on the pink sheets in the US. It is out of favour because of slow growth and the democracy movement in Hong Kong. More and more people in China will be drinking beer. Has a bit of yield that grows as well.

Chinese market is a good one and as incomes increase, beer drinking is going up. These guys are a consolidator. Barley price is coming down and it is helping their profitability. Has not been a great performer recently because emerging markets were out of favour. This is a high quality company.

(A Top Pick Jan 23/13. Up 24.25%.) This is actually basically on sale now, because emerging markets are selling off but fundamentally this is a staple and is a play on the growth of the Chinese population. The #1 brand in China. Very good value. 30% is owned by the Chinese government and 20% by a Japanese brewing giant.

(Hong Kong Exchange.) Most profitable and the #1 brand of beer in China. Has been growing like a weed in the last few years. Tsingtao government owns 30% and Asahi Brewery of Japan owns 20%. Ultimately this story will grow, driven by the underlying growth of the Chinese consumer. Because of its size, it is shielded from being taken over.