Business
2 ASX 200 shares impacted by the daigou channel
If you’ve been living under an investor-shaped rock for the past few years, you may not know much about which S&P/ASX 200 Index (ASX: XJO) shares are influenced by the daigou channel.
The daigou channel is a term used to describe Chinese expats living in Australia who are buying and selling Australian consumer goods to send back to the Chinese mainland, where many of these products are unavailable.
This practice is bigger than you may think. Many Chinese students studying in Australia make a living from reselling these items, with full-time resellers in China who buy and then on-sell a whole range of products.
Unsurprisingly, among the big earners from this practice are companies within Australia’s adult nutrition and care…
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