Huishan Dairy flops in Hong Kong debut after being bypassed by state subsidies

China Huishan Dairy fell as much as 10 per cent in its first trading day on the Hong Kong stock exchange, hurt in part by concerns that it may miss out on funds the Chinese government has earmarked for consolidation in the sector.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1319068/huishan-dairy-flops-hong-kong-debut-after-being