Shares of China-based funeral company are surging as Covid infections spike

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Hong Kong-listed shares of China's biggest cemeteries operator and funeral service rose to their highest level in more than a year amid a brutal Covid wave.

Fu Shou Yuan International Group stocks reached a new yearly high at 7.04 Hong Kong dollars a share as of Friday's close.The stock was down nearly 40% as of November – and is now on pace to see a 15% year-to-date gain.

Workers in protective gear handle a coffin and coffin case at Dongjiao Funeral Parlor, reportedly designated to handle Covid fatalities, in Beijing, China, on Monday, Dec. 19, 2022.Hong Kong-listed shares of China's biggest cemeteries operator and funeral service rose to their highest level in more than a year as the country struggles with a wave of Covid infections.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

TheJihyeLee Who pays you criminal CNBC carnival barkers to write this garbage and why?

'Funeral company shares'

Ivanka is making a fortune on her Chinese coffin trademark. 🙄

There’s opportunity in every market I guess.

Means more are dying. Why is the virus still in China

Sick!

Now you understand why your gubberment wants to kill you ! They save so much ! 😂 remember all that money you gave them ? Hahahaha

But China said they only have a dozen or so Covid infected cases. 😂

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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China will end Covid restrictions and quarantining for international travelers | CNN BusinessChina will drop quarantine requirements for all passengers arriving from outside of the country's borders starting on January 8, 2023, its top health authority announced Monday. Wonder where all the state run accounts that previously espoused the superiority of the zero Covid strategy are? Yes let's infect the whole world. I foresee a lot of disaster worldwide again
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