Most articles covering publicly traded Asian stocks focus on the tech sector.
Businesses like Tencent and Alibaba hog the limelight.
However, there is an interesting company that gets no attention — Swire Pacific Limited ($SWRAY).
Swire Pacific Limited is an international conglomerate that’s been in business for over 200 years. The company is well-diversified across a variety of sectors and countries. They operate throughout Asia, Oceania, and parts of the USA.
Additionally, Swire Pacific is involved in everything from real estate and cargo shipping to packaged food products and bottled beverages.
What Does Swire Pacific Do?
There’s a meme about General Electric and how the company makes toaster ovens and six-barrel rotary machine guns.
Swire Pacific isn’t that diversified.
But it is a large conglomerate with a lot of unrelated business assets.
Swire has a real estate segment that owns apartments, office buildings, and retail stores. And, Swire owns a majority stake in Cathay Pacific Airways as well as Hong Kong Express Airways. Also, the company owns Swire Coca-Cola, which is one of the largest Coca-Cola bottlers in the world — bottling Coca-Cola products in China, Hong Kong, Taiwan, Vietnam, and Cambodia. Plus, they’re involved in healthcare. And, Swire also owns one of the largest bakery chains in southwest China.
And that’s just a fraction of their business interests.
While the sheer scope of this business may sound overwhelming, the company’s website distills Swire to its main business segments and goals:
Our strategy is focused on Greater China and South East Asia, where we seek to grow our core Property, Beverages and Aviation divisions. We are targeting new areas of growth, such as healthcare.
Swire is a play on China and Southeast Asia. And, one that’s focused on more traditional assets like real estate and soda.