- Barrons.com•2 months ago
Bellamy’s Australia, which makes organic infant formula, soared 12-fold after its initial public offering in mid-2014. Driving the initial frenzy in Bellamy’s stock (ticker:ticker::BAL.Australia) was China’s strong demand for its products because of worries about food safety in the country. According to Lloyd Moffatt, an analyst at Religare Institutional Research, at least half of Bellamy’s sales are done through a vibrant gray market called daigou, a Chinese word meaning “buying on behalf of.” Chinese agents travel to Australia, buy Bellamy’s formula cans in supermarkets, and then bring them home to sell on platforms such as Alibaba Group’s (BABA) Taobao or Tencent’s (0700.Hong Kong) WeChat.
- Reuters•5 months ago
Editor: Saranyamol TS, 7708694041 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 Receive this schedule by email: http://mediaexpress.reuters.com TOP STORIES Political attacks on ...
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FCG.NZ : Summary for Fonterra Co-operative Group Lim - Yahoo Finance
Fonterra Co-operative Group Limited (FCG.NZ)
NZSE - NZSE Delayed Price. Currency in NZD
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|Day's Range||6.07 - 6.11|
|52 Week Range||5.30 - 6.39|
|PE Ratio (TTM)||12.06|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|