1 China Clothing Stock That’s Paying Rising Dividends
Shenzhou International Group Holdings Ltd (SEHK: 2313) is a Chinese clothing manufacturer with its headquarters in Ningbo, China. It is China's largest vertically integrated knitwear manufacturer and exports a variety of apparel to large, reputable customers such as Nike, Adidas and Uniqlo, a brand owned by Fast Retailing.
Being vertically integrated means that Shenzhou has the upper hand over smaller knitwear manufacturers who only occupy one small section of the supply chain. This advantage comes primarily through scale. Its impressive execution over the years has also seen it consistently produce profits and hike dividends over the years.
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Source Fool.com
