Hong Kong stocks anomaly | China Mengniu Dairy Co. (02714.HK) fell by more than 4% to a new low, Qin Yinglin stepped down as chairman of China Mengniu Dairy Co., the industry has been losing money for nearly 4 months in a row.

According to the Wisdom Financial APP, China Mengniu Dairy Co. Ltd (02714.HK) fell more than 4%, hitting a low of 33.22 Hong Kong dollars, setting a new low since its listing. As of the time of writing, it dropped 3.98% to 33.32 Hong Kong dollars, with a trading volume of 44.0282 million Hong Kong dollars.