As China eases Covid restrictions, Club stocks stand to gain

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Investing Club: As China eases Covid restrictions, Club stocks stand to gain

The Chinese government's move Wednesday to further roll back strict Covid-19 measures should boost the prospects for a host of Club holdings with substantial operations in China, including Estee Lauder , Wynn Resorts and Starbucks , all of which have been weighed down by nearly three years of lockdowns. The news China's National Health Commission on Wednesday said people will now be able to travel throughout the country without showing a negative Covid test or health code.

Although domestic travel in China continues to be jeopardized by Covid-19 outbreaks and lockdowns, international flights have doubled since June.The Chinese government's move Wednesday to further roll back strict Covid-19 measures should boost the prospects for a host of Club holdings with substantial operations in China, including

 

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