A2 Milk drops another 4% on regulation risk

Dan Brunskill
Tue, 27 Jul 2021

Dan Brunskill
Tue, 27 Jul 2021
New Zealand's main share index fell as A2 Milk dropped for a fourth consecutive session with investors worried China’s market regulator could shut the infant formula exporter out of its key market.The S&P/NZX 50 Index fell 82.92 points, or 0.7%, to 12,590.31. Turnover was $168 million.Asian stocks have been weak in recent days as China has continued on a regulatory campaign to crack down on technology companies.“This policy started last year with the cancellation of Ant Group’s IPO and has morphed into a much wider cra...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Climate change
Concrete: govt eyes carbon border tax
Ian Llewellyn | Wed, 18 May 2022

The government is examining the complex idea of border carbon taxes in the context of the concrete sector.

Politics
PollTracker: National comes full circle
Andy Fyers | Wed, 18 May 2022

After it languished for two years, support for the opposition has returned to pre-pandemic levels.

Opinion
No-nonsense words for fund managers
David Chaplin | Wed, 18 May 2022

The Financial Markets Authority will pay closer attention the practice of bundling up advice fees and trail commissions within products and the use of cash rate-based performance indexes. 

Sponsored
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.

Partner content
More fuel storage needed now

Boosting fuel reserves could prevent social & economic disruption.