Condom shares fall after China abandons one-child policy

Discussion in 'Market News' started by Lily, Oct 30, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Shares in companies that make nappies, prams and baby milk up on Friday after Beijing announces plans to change family planning laws

    Shares in companies that make nappies, pushchairs and baby milk have been bolstered by China’s decision to scrap its one-child policy. But, for the maker of a popular brand of condoms, it was not the brightest of days.

    Investors on Friday bet on a bump in sales for companies with baby or child-related businesses after China’s Communist leaders announced that all married couples would be allowed to have two children. The economic waves travelled as far afield as New Zealand, where the currency of the dairy exporting country surged.

    Related: China may find raising the birth rate is no simple matter

    Related: New toxic milk case in China kept secret for a year, reports say

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