A2 Milk shares +4.4% after China says current e-commerce import rules to continue

Thu, 22 Nov 2018

By Rebecca Howard Nov. 22 (BusinessDesk) - A2 Milk shares rose 4.4 percent Thursday after news that China's current policies on cross-border e-commerce retail imports will continue. In August, the Chinese government passed a new law providing a framework for all activities relating to e-commerce in China, both domestic and cross-border. With the law to come into effect on Jan 1, 2019 it had been due to publish the related guidelines. A2 Milk chief executive Jayne Hrdlicka, however, had previously said the company wasn't expecting any...

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