UPDATE: A2 Milk shares bounce from 15-month low on Chinese licence; Synlait still waiting

Mon, 21 Jul 2014

(Updates with share movement, broker comment) By Suze Metherell July 22 (BusinessDesk) - Shares in A2 Milk Co jumped 9.8 percent from a 15-month low on news the milk marketer has won Chinese regulatory approval to export its a2 Platinum infant formula. Milk processor Synlait Milk is still waiting for registration. The Auckland-based company has been included in the list of approved imported brands issued by the China General Administration of Quality Inspection and Quarantine, it said in a statement. The approval comes three months aft...

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