A2 Milk will see some upside as Chinese shoppers stock up on items such as baby formula as local authorities in regions near Beijing step up covid-19 restrictions. Market darling A2 Milk has come under pressure recently due to a slide in its retail daigou trade with international borders still closed.The retail daigou trade involves individuals – such as international students and tourists – buying infant formula in Australia and sending it for resale in China. Stockpiling, however, was a key driver in positive results early la...
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