NZ's a2 Milk jumps on getting China approval for infant formula rebranding
22/06/2026 01:15
BUZZ-NZ's a2 Milk jumps on getting China approval for infant formula rebranding ** Shares of New Zealand's a2 Milk ATM.NZ rise as much as 11.1% to NZ$9.010, their highest level since April 28
** Stock marks its biggest intraday pct gain since June 12
** Infant formula maker says it got approval in China to convert two infant milk formula registrations tied to its recently acquired Pokeno facility into its own brands
** Stock has fallen 17.1% this year, including session's moves
(Reporting by Roshan Thomas in Bengaluru)
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