Blackmores is one of a group of Australian companies, including infant milk formula companies a2 Milk company and Bellamy’s, whose products are in high demand in China.
All three lines are in high demand in China because they are seen as safe and healthy brands.
What Chinese government want is more tax, which would not affect people's choice and demand in China. They trust on Australian products. This means more business and good business relationship.
going up all three soon !
BKL Price at posting:
$165.00 Sentiment: Hold Disclosure: Held