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China Mengniu Dairy 2013 profit jumps on high-margin product sales, shares surge
date:Mar 27, 2014
new entrants to a growing market, and investigated monopoly practices on imported milk formula products as it relaxed the country's one-child-per-family policy, the company said.

Mengniu shares climbed as much as 10.1 percent in their biggest daily gain since May 2013. The stock steadied at HK$38.65 as at 0754 GMT, still up 8.7 percent, compared with a 0.7 percent gain in the benchmark Hang Seng Index.

In light of the determination of the Chinese government to restore consumers' confidence in

12/22 01:50