Environment

As China eases Covid restrictions, Club stocks stand to gain

Although domestic travel in China continues to be jeopardized by Covid-19 outbreaks and lockdowns, international flights have doubled since June.
Bloomberg | Bloomberg | Getty Images

The Chinese government’s move Wednesday to further roll back strict Covid-19 measures should boost the prospects for a host of Club holdings with substantial operations in China, including Estee Lauder (EL), Wynn Resorts (WYNN) and Starbucks (SBUX), all of which have been weighed down by nearly three years of lockdowns.

Articles You May Like

Britons are less satisfied with NHS than at any time on record
Two crew members die on cruise ship in Bahamas
People step around the dead in a city where vigilantes fight ‘tooth and nail’ against gang attacks
Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo
Anne Hathaway reveals miscarriage while in play in which she had to ‘give birth every night’