Citi pans Bellamy’s for discounting infant milk in China

Bellamy’s decision to offer heavy discounts as part of its Chinese expansion plan is being questioned after the baby formula manufacturer revealed sales had fallen dramatically because of tight restrictions ordered by the Chinese government. By SCOTT MURDOCH

Darling dairy stocks dumped after Bellamy's China warning

Australia’s one-time darling dairy stocks were dumped by investors on Friday after Bellamy’s Australia warned recent import rule changes in China had crimped sales of its organic infant formula amid discounting by rivals. By Patrick Hatch.