TMTPOST — Chinese condiment giant Haitian Flavouring & Food Co. made its debut on the Hong Kong Stock Exchange on June 19, but the market reception fell short of expectations. The stock dipped below its IPO price during intraday trading before closing just 0.55% higher at HK$36.5. The downbeat momentum continued on June 20, with shares falling 2.05% to close at HK$35.75 — 1.5% below the IPO price of HK$36.3. The weak performance suggests lukewarm investor appetite for the “king of condiments” amid broader market uncertainty and valuation concerns.