![Zhang Ziyi's baby milk formula producer Feihe aims to raise US$1.14 billion in Hong Kong, pushing city to top of IPO ranks | South China Morning Post Zhang Ziyi's baby milk formula producer Feihe aims to raise US$1.14 billion in Hong Kong, pushing city to top of IPO ranks | South China Morning Post](https://img.i-scmp.com/cdn-cgi/image/fit=contain,width=425,format=auto/sites/default/files/styles/768x768/public/d8/images/methode/2019/10/28/d9661d5c-f939-11e9-acf9-cafedce87d15_image_hires_160644.jpg?itok=CRwv3mnF&v=1572250010)
Zhang Ziyi's baby milk formula producer Feihe aims to raise US$1.14 billion in Hong Kong, pushing city to top of IPO ranks | South China Morning Post
![FILE--Tins of Firmus milk powder of Feihe Dairy are displayed during an expo in Shanghai, China, 19 March 2019. China's leading domestic baby-formula maker China Feihe Ltd. is making a renewed attempt FILE--Tins of Firmus milk powder of Feihe Dairy are displayed during an expo in Shanghai, China, 19 March 2019. China's leading domestic baby-formula maker China Feihe Ltd. is making a renewed attempt](https://c8.alamy.com/comp/2EN8X2K/file-tins-of-firmus-milk-powder-of-feihe-dairy-are-displayed-during-an-expo-in-shanghai-china-19-march-2019-chinas-leading-domestic-baby-formula-maker-china-feihe-ltd-is-making-a-renewed-attempt-to-list-its-shares-in-hong-kong-two-years-after-it-shelved-its-first-listing-plan-after-a-major-acquisition-this-comes-on-the-heels-of-a-government-plan-released-earlier-this-year-which-called-for-domestic-suppliers-to-grow-their-market-share-a-major-food-safety-scandal-in-the-sector-a-decade-ago-led-many-chinese-consumers-to-prefer-imported-formula-photo-by-dycj-imaginechinasipa-usa-2EN8X2K.jpg)
FILE--Tins of Firmus milk powder of Feihe Dairy are displayed during an expo in Shanghai, China, 19 March 2019. China's leading domestic baby-formula maker China Feihe Ltd. is making a renewed attempt
![China Feihe hopes to dominate nearly a third of country's baby milk market, as first-half earnings beat estimates | South China Morning Post China Feihe hopes to dominate nearly a third of country's baby milk market, as first-half earnings beat estimates | South China Morning Post](https://img.i-scmp.com/cdn-cgi/image/fit=contain,width=1098,format=auto/sites/default/files/styles/1200x800/public/d8/images/methode/2020/08/19/1e26040a-e153-11ea-8e8d-92e5de2d33e5_image_hires_163751.jpg?itok=hc-Ev-lw&v=1597826279)
China Feihe hopes to dominate nearly a third of country's baby milk market, as first-half earnings beat estimates | South China Morning Post
![FILE--Tins of Firmus milk powder of Feihe Dairy are displayed during an expo in Shanghai, China, 19 March 2019. China's leading domestic baby-formula maker China Feihe Ltd. is making a renewed attempt FILE--Tins of Firmus milk powder of Feihe Dairy are displayed during an expo in Shanghai, China, 19 March 2019. China's leading domestic baby-formula maker China Feihe Ltd. is making a renewed attempt](https://c8.alamy.com/comp/2EN8X2M/file-tins-of-firmus-milk-powder-of-feihe-dairy-are-displayed-during-an-expo-in-shanghai-china-19-march-2019-chinas-leading-domestic-baby-formula-maker-china-feihe-ltd-is-making-a-renewed-attempt-to-list-its-shares-in-hong-kong-two-years-after-it-shelved-its-first-listing-plan-after-a-major-acquisition-this-comes-on-the-heels-of-a-government-plan-released-earlier-this-year-which-called-for-domestic-suppliers-to-grow-their-market-share-a-major-food-safety-scandal-in-the-sector-a-decade-ago-led-many-chinese-consumers-to-prefer-imported-formula-photo-by-dycj-imaginechinasipa-usa-2EN8X2M.jpg)
FILE--Tins of Firmus milk powder of Feihe Dairy are displayed during an expo in Shanghai, China, 19 March 2019. China's leading domestic baby-formula maker China Feihe Ltd. is making a renewed attempt
![Public servant who promoted $225M baby formula plant now sits on Chinese investor's board | CBC News Public servant who promoted $225M baby formula plant now sits on Chinese investor's board | CBC News](https://i.cbc.ca/1.4229457.1502465990!/fileImage/httpImage/image.jpg_gen/derivatives/original_780/mayorfeihe.jpg)