Morgan Stanley Asia Ltd. Vice President George Taylor, right

CHINA - MAY 31: Morgan Stanley Asia Ltd. Vice President George Taylor, right, and BNP Paribas head of regional equity capital markets Darius Yuen, left, watch a video link as China Mengniu Dairy Co. Chairman and chief executive Niu Gensheng speaks to reporters at a press conference in Hong Kong, China Monday, May 31, 2004. China Mengniu Dairy Co., the nation's biggest milk supplier, may raise as much as HK$1.37 billion ($176 million) after increasing the price range for its initial public offer by 16 percent on strong demand, said a banker involved. (Photo by Dennis Owen/Bloomberg via Getty Images)