Daigou is a temporary thing, likely to gradually slow down, in...

Daigou is a temporary thing, likely to gradually slow down, in my view.
Rise to 80s, was incredible.
Reality check has already kicked in.
Chinese market is great, but not for a Daigou business. Daigou is good, but valuation will be much lower.
Infant formula manufacturers are the main ones to be benefited from Chinese buyers.
But not all infant formula companies, only those are widely accepted in Australia, have to be selling in main Australian supermarkets first, imo.