date:Sep 29, 2013
n Dairy said it received orders from retail investors worth nearly 13 times the number of shares on offer, underscoring strong demand from individuals in Hong Kong, while the institutional tranche of the IPO was well oversubscribed.
Huishan Dairy's listing comes amid a slump in IPOs in Asia Pacific and the losses could further dampen demand for upcoming deals.
Hit by stricter regulations in mainland China and political uncertainty in Malaysia before general elections in May, new listings in As