New baby formula debuts in HK

Junlebao Dairy Co Ltd, a leading yogurt producer in northern China, said it started selling its baby formula product in Hong Kong on Monday after two years of sales in the mainland's market.

Its Baijinzhuang baby formula will be sold in the city at the price of 176 yuan ($26.42) for each can, the same as in the mainland, the company said.

At the beginning, the formula will be sold only in pharmacies, according to Liu Senmiao, head of the company's infant formula milk powder department.