A2 Milk share performance likely capped until China approval

Chief executive David Bortolussi said he has confidence in China’s regulator. (Image: A2 Milk)

Tue, 30 Aug 2022

The biggest source of uncertainty for A2 Milk right now is China’s State Administration for Market Regulation (SAMR) deadline of Feb 21, 2023, for companies selling infant formula in China to get a new form of approval.It’s called the GB standard, which is a Chinese national standard and foreign companies won’t be able to manufacture formula for the Chinese market beyond that date unless they meet the new standard and have that all-important tick from SAMR.A2 said it and its formula manufacturer, Synlait Milk, have been workin...

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