Gong xi fa cai! Start your Chinese New Year off right with one of these stocks

Gong xi fa cai! That is a greeting used to denote the Chinese New Year, which was celebrated around the globe yesterday.

2019 is the Year of the Pig, the pig being the 12th of the animals which appear in the Chinese zodiac.

The Jade Emperor said the order would be decided by the order in which they arrived to his party. Pig was late because he overslept, according to one myth. Pigs are said to be symbols of wealth in Chinese cultures.

There are around 40 non-resources companies offering exposure to China across a broad array of industries. Since the last Chinese New Year, which occurred on February 16 last year, the stocks are down about 5 per cent.

Food Revolution Group (ASX:FOD) is the best-performing stock of this sub-sector in that time — its shares are up 226 per cent year on year.

The company manufactures various ranges of juices, supplements, fruit and veg and water. Its shares hit 14c on Tuesday afternoon, about the same price it was fetching when it signed a deal with the world’s biggest petrol company back in November.

Sinopec, the Chinese petrochemical giant, is keen to sell the Australian company’s canola oil products in its 35,000 mainland petrol stations, though the deal remains at the MoU stage.

Food Revolution is serious about a China exports strategy. It sold half of the company to Sydney-based investor Dr Norman Li, his business Careline, and some unnamed strategic investors for $20.2m.

In December, it announced its first order from Careline.

Murray Cod Australia (ASX:MCA), which was unaffected by the recent mass fish kill in the Darling River, sells its premium, farm-bred Murray Cod to China.

Its shares are up 136 per cent in the last year, hitting 16.5c on Tuesday.

Infant formula maker Clover Corp (ASX:CLV) is the only other company with three-figure one-year returns, with its shares up 104 per cent to $1.39.

Chinese enthusiasm for dairy formula has been a boon for Clover, which reported an increase in revenue and profit in the 2018 financial year.

Fellow dairy formula stocks A2 Milk (ASX:A2M), Synlait Milk (ASX:SM1) and Australian Dairy Nutritionals (ASX:AHF) are also smiling for Chinese New Year.

Animoca Brands (ASX:AB1) has also found success. It owns the China rights to one of the best-known blockchain-based games, CryptoKitties, a cat-breeding game that uses cryptocurrency Ethereum to trade “crypto-cats”.

Its shares are up 22 per cent to 9c.

Most of the companies have seen their share prices slide over the past year, however. Beer brewer Broo (ASX:BEE) has lost 87 per cent of its value, as the company struggles with negative cashflow.

Livestock mover Wellard (ASX:WLD) is down 78 per cent, while the woes of dried fruit maker Murray River Organics (ASX:MRG), whose shares are down 72 per cent, have been well documented.

Here is a list of non-resources China-focused stocks. Click headings to sort

ASX code Company Last price Market cap 1-yr return Industry
A2M A2 Milk 12.235 $ 8,971,875,328 41 Dairy formula
ABT Abundant Produce 0.175 $ 10,606,895 -57 Cosmetics
AB1 Animoca Brands 0.09 $ 63,924,580 22 Video games
AU8 AuMake International 0.195 $ 55,648,112 -57 Daigou / Dairy formula
AHF Australian Dairy Nutritionals 0.145 $ 36,085,224 4 Dairy formula
AVG Australian Vintage 0.49 $ 138,950,496 2 Wine
AWY Australian Whisky 0.048 $ 78,267,816 55 Alcohol
BAL Bellamy's Australia 8.66 $ 963,630,528 -44 Dairy formula
BXN Bioxyne 0.025 $ 16,003,635 -67 Health supplements
BAH Bojun Agriculture 0.19 $ 24,302,402 -37 Food grower
BEE Broo 0.027 $ 17,310,998 -87 Beer
BUB Bubs Australia 0.53 $ 216,796,064 -29 Dairy formula
BUG Buderim 0.23 $ 19,785,028 -28 Ginger
CLV Clover Corp 1.39 $ 221,343,472 104 Dairy formula
DEM De.Mem 0.15 $ 17,506,566 -33 Water treatment
DW8 Digital Wine Ventures 0.007 $ 3,475,934 -30 Wine
DFM Dongfang Modern 1 $ 420,356,640 13 Fruit
EHH Eagle Health 0.28 $ 93,936,800 -16 Health supplements
FLC Fluence Corp 0.36 $ 193,455,104 -36 Water treatment
FOD Food Revolution Group 0.14 $ 69,922,704 226 Juice
HCT Holista Colltech 0.064 $ 14,978,502 -18 Noodles
HUO Huon Aquaculture 4.7 $ 410,484,864 -2 Seafood
JAT Jatenergy 0.066 $ 53,507,128 -6 Dairy formula
JJF Jiajiafu Modern Architecture 0.185 $ 15,759,038 76 Fruit and veg
LON Longtable Group 0.31 $ 36,203,004 -70 Dairy formula
MTM Mareterram 0.24 $ 31,679,716 -20 Seafood
MCA Murray Cod Australia 0.165 $ 62,870,244 136 Seafood
MRG Murray River Organics 0.115 $ 49,882,524 -72 Fruit and veg
NAM Namoi Cotton 0.385 $ 54,629,476 -23 Cotton
OBJ OBJ 0.019 $ 34,379,792 -46 Cosmetics
OGA Ocean Grown Abalone 0.145 $ 25,245,988 -28 Seafood
RGP Refresh Group 0.075 $ 20,154,518 6 Water
SFG Seafarms Group 0.115 $ 191,734,384 72 Seafood
SKN Skin Elements 0.022 $ 3,175,317 -78 Cosmetics
S66 Star Combo Pharma 0.55 $ 43,755,516 -59 Health supplements
SBB Sunbridge Group 0.014 $ 6,604,332 17 Clothing
SM1 Synlait Milk 8.67 $ 1,569,993,728 34 Dairy formula
WHA Wattle Health 0.99 $ 185,750,496 -59 Dairy formula
WLD Wellard 0.043 $ 24,968,764 -73 Livestock
WNR Wingara Ag 0.28 $ 29,429,494 12 Agriculture
AVERAGE 1.09 $ 362,460,000 -5
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