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.
Mainland China’s swift rollback of many Covid-related restrictions has been unexpectedly sudden, revealing a new set of economic challenges.
The country reported local infections, mostly asymptomatic, that totaled 38,421 for Monday, down from a record high of 40,052 reported for Sunday.
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