During this article I shall explain what a company like China Cord Blood Corp (NYSE:CO) exactly does and why I think the company is substantially undervalued at the moment.
What they do
China Cord Blood Corp is a Hong-Kong-based company that endeavors to provide umbilical cord blood storage services for parents to save cord blood stem cells on behalf of their children, in China and the Asia Pacific regions, to safeguard the lives and health of their newborns. These services are becoming very popular as it is very important for parents that their only child (one-child policy) will be healthy so he/she can grow old and take care of the elder generation in the future.
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