Emma Asma Cornwall
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Emma Asma Cornwall in Gainers & Losers,

Biostime is attractive again thanks to two-child policy in China

Dairy and baby formula makers are enjoying a strong rally after Communist Party’s Central Committee’s decision to allow all couples to have two children. 

Dairy maker Yashili International Holdings Ltd. surged 6.3 percent in Hong Kong to a two-month high, while China Mengniu Dairy Co. gained 3.4 percent. Beingmate Baby & Child Food Co. jumped 10 percent in Shanghai for the highest close since June 30. China Child Care Corp., which sells diapers and body-care products, soared 40 percent in Hong Kong, while Biostime International Holdings Ltd., a Chinese infant-formula company, rose 5.1 percent to the highest level since July 23, reports Bloomberg.

My favorite baby boom stock in China is Biostime, it already skyrocketed on my watch this year, now there can be another rally starting. Take a look at it!)

chart source: finance.yahoo.com