NZ's a2 Milk rises; Citi sees positive impact of China's easing of marriage restriction rules

Shares of New Zealand-based dairy major a2 Milk ATM.NZ rise as much as 6.1% to NZ$9.08, their biggest intraday pct jump since March 19

Co's shares track the rally in global equities as U.S. President Trump temporarily lowered tariffs that had sparked a surge in volatility across world stocks MKTS/GLOB

Citi believes that the recent easing of marriage restriction rules in China, the co's top market, should positively impact a2 Milk

Brokerage highlights that more marriages are likely to be supportive of birth rates in the long term, helping sales

'Buy' rated on co's ASX-listed shares A2M.AX, price target set at A$8.20, last up 3%

YTD, a2 Milk's NZ shares up 42.7%