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. 😂

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