Guan Chong shares soar over 150%

KUALA LUMPUR: Chocolate demand in Asia is booming, and this Malaysian company sits at the epicentre.

The shares of Guan Chong Bhd have soared more than 150% in the past year in Kuala Lumpur as profits doubled, making the producer of chocolate ingredients a top performer on the Bursa Malaysia Consumer Product Index. The MSCI All Country World Index of stocks is broadly flat in the past year.