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China's Huishan Dairy shares debut in Hong Kong

27 September 2013 Last updated at 04:27 BST

One of China's biggest dairy producers has made its trading debut on the Hong Kong stock exchange.

Huishan Dairy raised $1.3bn (£800m) via a share sale, making it the second-largest listing in Hong Kong this year.

Milk and cheese are not a traditional staple of the Chinese diet, but this is changing with the emergence of a new middle class.

And as Juliana Liu reports, it could bode well for Huishan's future earnings growth.

Visit the BBC World News Asia Business Report website for more reports from the programme.

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