Reported 8 months ago
Stocks related to pandemic prevention have regained momentum with the resurgence of COVID-19, particularly driven by themes related to the pandemic. Companies like Hengdian Group, ABC-KY, Shenghua Tech, and Yongxin have seen their stocks surge. The biotech and medical sector has experienced a significant increase, with stock indices rising sharply. As concerns grow over the Omicron variant, companies producing masks, cleaning products, rapid test kits, and vaccines have all benefited from the positive market response. Investors have shifted focus towards the healthcare sector amid the rise in confirmed cases, leading to a notable uptrend in stock prices across various companies.
Source: YAHOO