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Capital Calls: Rio Tinto, Chinese milk

Concise views on global finance: The mining giant needs more than a record $17 bln payout to close its valuation gap with rival BHP; Dairy giants’ aggressive marketing of infant milk formula in China is a risk for investors.

SMIC, Nongfu Spring and Feihe tipped to join Hang Seng Index after review as China s clout grows in Hong Kong s equity market

Five Chinese stocks are the common picks of analysts at CICC and China Renaissance as the index compiler prepares to unveil its rebalancing outcome on Friday.

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