Trading on a loosening of China’s one-child policy would seem relatively straightforward: buy all things baby-related.
Investors did just that yesterday, sending shares in milk formula producer Yashili up almost 10 per cent and adding more than 4 per cent to crib manufacturer Goodbaby International.
After almost a week during which investors lamented the lack of reform detail from China’s gathering of the Communist party leadership, Chinese equities appear to have regained their mojo. A sweeping policy package, announced late on Friday, has lifted China’s post-plenum -depression.
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