A2M 1.44% $16.22 the a2 milk company limited

Why a2m down 6% today

  1. 1,141 Posts.
    lightbulb Created with Sketch. 305
    I saw this news last night .

    I do the best I can to translate .

    Chinese development & revolution committee : Chinese domestic IF producers’ share of the whole B&M market should be not less than 60% at any time  !

    According to the document released on 3rd June by the authorities, the Chinese made IF should enhance /upgrade the quality , the brand etc..in order to compete with foreigners.

    China also will introduce a black list called “untrusted foreign entities “ - which mainly aim at foreign companies. FedEx express could be the first company being punished . Google , apple , amazon could be the next.

    I sincerely hope our scoMo government have a good relationship with China , otherwise ....

    If any of the IF being put on that list , the company is basically dead in China .

    Doing business is very rewarding in China but also  bearing huge risks .

    I am still holding my a2m . Didn’t sell 1 share.
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    Last edited by mina36: 04/06/19
 
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