The chinese people have a different mentality to the average australian consumer. They associate price with quality. The more you pay the more higher premium quality it is percieved at. Also the Chinese like to show off to their friends that they are high class and able to buy these products, especialy wine also.
Tmall sells Bubs $150 per can, page-3
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $111.6M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $13.83K | 112.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1658850 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 2169876 | 21 |
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| BUB (ASX) Chart |