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Reason: None provided.

NZ Herald Business section (Paywall link):

https://www.nzherald.co.nz/business/market-close-mainfreight-chairman-bruce-plested-sells-75-million-worth-of-shares/IY3YKMNSFYIXKKTWCI2MJF7CTM/

Searched for by quote.

Market close: Mainfreight chair sells $75m of shares - 11 June 2021 —

Global marketer a2 Milk’s recovery ran out of puff after falling 18c or 2.93 per cent to $5.97, impacted by a competitor’s comments in China. Feihe, China’s largest infant formula maker, said sales would drop sharply in the next one to two years since many women cannot bear children within six months of coronavirus vaccination – and thus delaying births.

This could be part of market manoeuvres, as an r/conspiracy redditor writes in this comment below. Note the tone seems to be dismissing the idea that the vaccine could have an actual impact on reproduction (extra context: Reddit has a tendency to thumb its nose at the the Murdoch family-owned News Corp publication, due to its biases and its paywall system. NZ Herald is a News Corp publication):

https://old.reddit.com/r/conspiracy/comments/o4vmlx/ceo_of_chinese_infant_formula_producer_causes/h2l9533/

Nice way to tell half the story.

Here’s the full article. Chairman announces covid vaccine will hurt sales and stock price plummets, next day he does a stock buy back on his newly discounted stock.

This article goes more in depth, and how there is actually expected to be a baby boom in China, and these stocks are set to soar.

https://inf.news/en/economy/85a5aa9c52b50c1e9f52da5d4d2fe01a.html

Well, what they might not realise is that you could tell the truth and take advantage of the truth at the same time.

2 years ago
4 score
Reason: Original

NZ Herald Business section (Paywall link):

https://www.nzherald.co.nz/business/market-close-mainfreight-chairman-bruce-plested-sells-75-million-worth-of-shares/IY3YKMNSFYIXKKTWCI2MJF7CTM/

Searched for by quote.

Market close: Mainfreight chair sells $75m of shares - 11 June 2021 —

Global marketer a2 Milk’s recovery ran out of puff after falling 18c or 2.93 per cent to $5.97, impacted by a competitor’s comments in China. Feihe, China’s largest infant formula maker, said sales would drop sharply in the next one to two years since many women cannot bear children within six months of coronavirus vaccination – and thus delaying births.

This could be part of market manoeuvres, as an r/conspiracy redditor writes in this comment below. Note the tone seems to be dismissing the idea that the vaccine could have an actual impact on reproduction:

https://old.reddit.com/r/conspiracy/comments/o4vmlx/ceo_of_chinese_infant_formula_producer_causes/h2l9533/

Nice way to tell half the story.

Here’s the full article. Chairman announces covid vaccine will hurt sales and stock price plummets, next day he does a stock buy back on his newly discounted stock.

This article goes more in depth, and how there is actually expected to be a baby boom in China, and these stocks are set to soar.

https://inf.news/en/economy/85a5aa9c52b50c1e9f52da5d4d2fe01a.html

Well, what they might not realise is that you could tell the truth and take advantage of the truth at the same time.

2 years ago
1 score