Retail in Asia

In Markets

Hong Kong’s Trappist sees opportunity in delta after milk scandal

Trappist Dairy, the second biggest milk-product supplier in Hong Kong, is eyeing the dairy market across the border with Mainland China. The market there is offering increased opportunities to newcomers in the wake of the tainted-milk scandal of two years ago.

After focusing on the local market for more than five decades, Trappist Dairy is considering an expansion into Pearl River Delta cities within two years, according to General Manager Michael Siu Wai-leung.

"We see a good opportunity there," said Siu on 22 February. He noted that the mainland dairy market had undergone great changes since the notorious melamine scandal of 2008.

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(Source: scmp.com)