Mengniu Dairy, one of the leading Chinese milk giant, had its H shares listed in Hong Kong on June 10. The stock is called Mengniu Dairy (code: 2319).
The successful public offering is the result of the fast and steady growth of the company. Fund raised from the capital market will be used to further improve its production and extend its product line.
Executives of the company have expressed their commitment to shareholders.
Mengniu Dairy is the pioneer in its industry from Chinese mainland listed in Hong Kong and the first in Inner Mongolia to issue H shares.
By People's Daily Online