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.
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.
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