Enter Details

Comment on stories, receive email newsletters & alerts.

This is your permanent identity for Business Insider Australia
Your email must be valid for account activation
Minimum of 8 standard keyboard characters


Email newsletters but will contain a brief summary of our top stories and news alerts.

Forgotten Password

Enter Details

Back to log in

This medical nutrition investor just teamed up with a water distiller to create what they hope is the new Chinese food fad -- 'honey water'


Forget goat milk or fancy mandarins, honey water is the next big Chinese food fad — or at least that’s what medical nutrition investor EVE hopes.

Their honey health investment, Meluka Health has teamed up with water distiller Refresh Group (ASX:RGP) to create a Australian honey water for the Chinese market.

News of the new venture boosted shares in the company (ASX:EVE) by 18 per cent on open, lifting it as high as 2c in morning trade.

Refresh too was up 33 per cent on the news, to 8.4c.

Honey water will be a way for Meluka to dip their toe in the Asian market, where natural food products from Australia are popular.

“Working with Refresh to produce a honey water product is a great fit for the Chinese market and will help establish the Meluka Honey brand in China,” EVE investment director Ben Rohr said.

“This is a great first step for Meluka Health to enter into this bourgeoning market.”

EVE only finalised its 50 per cent investment in Meluka on Wednesday.

EVE shares have climbed since they said last month that hemp-seed honey will be on the market next year. Their share price is three times what is was just three weeks ago.

Refresh is Australia’s largest producer of distilled drinking water, and already exports to China.

They have traded between 5.6c and 8.5c in the past year.

This article first appeared at Stockhead, Australia’s leading news source for emerging ASX-listed companies. Read the original article here. Follow Stockhead on Facebook or Twitter.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at