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A2 Milk wins key China approval for baby formula

Carrie LaFrenz
Carrie LaFrenzSenior reporter

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The a2 Milk Company’s manufacturing partner has secured crucial approvals to sell infant formula in China, removing a major concern for investors and allowing the ASX-listed group to expand sales.

Shares in the company, also listed in New Zealand, rose as much as 6 per cent in early trade on Tuesday before closing the day 1.9 per cent higher at $5.44 – its highest close in more than a month.

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    Original URL: https://www.afr.com/companies/manufacturing/a2-milk-wins-key-china-approval-20230606-p5de8s