SYDNEY–Shares of New Zealand dairy companies a2 Milk and Synlait Milk rose Tuesday morning after Chinese regulators reopened market access for a2’s infant-milk formula product.
Synlait was up 14% at 1.83 New Zealand dollars (US$1.11), while a2 Milk, a major buyer of Synlait’s output, was up 8% at NZ$6.20.
China’s State Administration for…
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