(Bloomberg) China’s infant milk formula market is expected to stabilize over the long term despite the country’s falling birth rate and sluggish economic recovery, according to New Zealand supplier a2 Milk Ltd. Most Read from BloombergTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderRecord US Stock Rally Is Under Threat From a World in TurmoilChina Stocks Primed for Bullish Reopen After Upbeat DataWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InSystemic Risk
China's falling birth rate and sluggish economic recovery are expected to cause a double-digit decline in the country's infant formula market this financial year, New Zealand’s a2 Milk Co. said Monday.
(Bloomberg) China’s falling birth rate and sluggish economic recovery are expected to cause a double-digit decline in the country’s infant formula market this financial year, a2 Milk Co. said Monday.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundAlas, Trump Is Still Eligibl
The A2 Milk (ASX:A2M) share price has now soared 26% in the last month
The last month has provided some greener pastures for A2 Milk…
Mitchell Lawler is a site writer at The Motley Fool Australia. He holds a Bachelor of Engineering and previously worked in the consulting space while his interest in equities grew. Mitchell is now completing his studies in finance and wealth management and hopes to help others in their investing journey.
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A2 Milk Company Ltd(ASX: A2M) share price added another 1% yesterday, taking it to $7.16 a piece. That means the A2 protein dairy product producer’s share price has gained 26% for the last month.