here is another one this time from CNBC.
I'll just post the highlights. Shares of Chinese drugmakers and face mask firms jump as pneumonia concerns mount
KEY POINTS
Shares of Chinese drugmakers and facial mask firms surged on Monday morning amid rising concerns over an outbreak of coronavirus spreading to more cities in the country.
Authorities in China reported on Monday that 139 new cases of coronavirus had been found over the weekend, according to Reuters.
For its part, China’s National Health Commission said in a release on Sunday that experts have deemed the current situation “still preventable and controllable,” according to CNBC’s translation of the original Chinese text.
Shares of Chinese drugmakers and face mask-makers surged on Monday morning amid rising concerns over an outbreak of coronavirus spreading to more cities in the country.
Jiangsu Sihuan Bioengineering, Shandong Lukang Pharmaceutical and Shenzhen Neptunus Bioengineering all saw their stocks surge by about 10%, their daily movement limit.
Meanwhile, shares of face mask firms also got a boost, with Tianjin Teda soaring around 9% while Shanghai Dragon surged about 10%.
The stocks moves came after authorities in China reported on Monday that 139 new cases of coronavirus had been discovered over the weekend, Reuters reported. Three of the new cases had come from places outside the city of Wuhan, where the virus was first reported.
For its part, China’s National Health Commission said in a release on Sunday that experts have deemed the current situation “still preventable and controllable,” according to CNBC’s translation of the original Chinese text.
I hope we can get some PR from this. Chinese stocks are getting a boost, I don't think their financial markets have heard of Zoono yet. But when they do it could get interesting.
Hope Paul and the team are working on it. CNBC is a giant in the financial world news that would be a good place to start.
Completed my final top up last Friday. Good luck
cheers
ZNO Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held
