CompaniesBIO

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. Bloomberg | Bloomberg | Getty Images 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 infection s. Fu Shou Yuan International Group stock reached a 2022 high at 7.04 Hong Kong dollars a share as of Friday's close — having surged about 80% in two months – as the country abruptly ended most of its Covid control measures and saw case numbers surge. Loading chart... Despite widespread reports of a spike in Covid deaths that's straining hospitals and funeral homes, China's official Covid death toll remains low. Health authorities there re-defined Covid deaths to include only people who die from pneumonia or respiratory failure — a contrast with most other countries...

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. Bloomberg | Bloomberg | Getty Images 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 infection s. Fu Shou Yuan International Group stock reached a 2022 high at 7.04 Hong Kong dollars a share as of Friday's close — having surged about 80% in two months – as the country abruptly ended most of its Covid control measures and saw case numbers surge. Loading chart... Despite widespread reports of a spike in Covid deaths that's straining hospitals and funeral homes, China's official Covid death toll remains low. Health authorities there re-defined Covid deaths to include only people who die from pneumonia or respiratory failure — a contrast with most other countries...

People line up outside a fever clinic in Beijing on Dec. 14, 2022, just days after the country relaxed its Covid controls amid below-freezing weather in the capital city. Yuxuan Zhang | Afp | Getty Images BEIJING — Mainland China's swift rollback of many Covid-related restrictions has been unexpectedly sudden, revealing a new set of economic challenges. In the last two weeks, local and central government authorities relaxed several measures that had forced many people to stay home and businesses to operate mostly remotely. Notably, the central government said last week negative virus tests and health code checks were no longer needed to travel domestically. Meanwhile, reports of locals falling ill have surged. Beijing city said that on Sunday, its fever clinics saw 22,000 visits — up 16 times from a week ago. "This reopening has come rather suddenly, and rather resolutely. It's exceeded our expectations," said Gang Yu, co-founder and executive chairman of 111 , an on...