date:Sep 29, 2013
China Huishan Dairy fell as much as 5.6 percent in its first trading day on the Hong Kong stock exchange, a disappointing debut after the company priced its IPO on top of expectations.
The shares opened at HK$2.55 in early morning and traded as low as HK$2.52. The initial public offering, which raised $1.3 billion for the company and some of its shareholders, was priced last week at HK$2.67 per share, at the top of its marketed range of HK$2.28-$2.67.
In a securities filing on Thursday, Huisha