China Youran Dairy Group Limited, China's largest integrated upstream dairy player by revenue, debuted on the Hong Kong Stock Exchange on Friday, June 18, 2021.
The Consumer Council in Hong Kong has tested 40 varieties of cheese and found that despite 90% (36 samples) being high-protein and high-calcium foods, more than 70% (29 samples) were also high fat, more than 60% (25 samples) were high-sodium, and 45%...
Food Union, which creates dairy and ice cream products in the Baltics, has expanded exports of its Ekselence, Pols and Lakto brands into three East Asian markets - Hong Kong, Singapore and Taiwan.
China-based dairy and infant formula specialist Feihe International is said to be reviving its plans for a Hong Kong IPO that could raise up to US$1bn, signifying the firm's second attempt at an IPO.
Infant formula firm Ausnutria Dairy has announced a 51.6% year-on-year growth in revenue to RMB2,582.4m for H1 2018, largely attributed to the continuous increase in the sales of its house-brand formula products.
Raisio has just launched its Benecol yogurt drinks line in Hong Kong, its latest push to broaden its reach in the emerging Bric markets. Wing Kee Produce will act as the Finnish company’s local distributor.
Chinese infant formula manufacturer Biostime has made amendments to the contracts it holds with distributors to delete terms that guarantee fixed prices and price floors that may violate Chinese anti-trust laws.
In the midst of an investigation into the pricing practices employed by it and other infant formula manufacturers in China, Biostime has admitted that the terms of its agreements with distributors “may” have broken anti-trust laws.
A host of infant formula manufacturers, including Nestlé, Danone, and FrieslandCampina, are under investigation in China over the high pricing of infant formula and suspected anti-trust violations.
The last time I went to China was last year, to visit an old friend who had moved to Shenzhen by marriage. The Chinese government might tout Shenzhen as a Tier-I city, but if your benchmark is Hong Kong, which is immediately to its south, you would probably...
With the Chinese New Year fast approaching Hong Kong is in the midst of formula frenzy, leading authorities to devise new means to safeguard the supply of baby powder to local parents.
More than 13,000 people have so far petitioned US President Barack Obama to provide Hong Kong with “international support” to help turnaround a current shortage of infant formula.
Stores in Australia are fighting to replenish stocks of infant formula following an unprecedented surge in demand from Chinese customers wary of the safety of products at home.
Six of the world’s leading infant formula manufacturers are opposing a Hong Kong government proposal to ban the promotion of baby food products for children under the age of three.
