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

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.

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. 😂

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: cnni - 🏆 326. / 59 Read more »