A dairy farm in rural Shandong province. Yili’s 4.6 billion yuan stake purchase in China Shengmu Organic Milk could help the country’s leading dairy producer win over increasingly affluent consumers seeking healthier food options. Photo: EPA

Yili’s share placement dilutes its near-term earnings but enhances long-term growth, say analysts

Taking a controlling 37 per cent stake in organic milk producer Shengmu strengthens Yili’s position as China’s largest dairy producer by retail sales

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A dairy farm in rural Shandong province. Yili’s 4.6 billion yuan stake purchase in China Shengmu Organic Milk could help the country’s leading dairy producer win over increasingly affluent consumers seeking healthier food options. Photo: EPA
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