Meituan Dianping is one of the new economy stocks that has been flying high. Here, its food delivery drivers are seen in Shanghai. Photo: Reuters Meituan Dianping is one of the new economy stocks that has been flying high. Here, its food delivery drivers are seen in Shanghai. Photo: Reuters
Meituan Dianping is one of the new economy stocks that has been flying high. Here, its food delivery drivers are seen in Shanghai. Photo: Reuters
Hang Seng Index
Business /  Markets

After-coronavirus stocks are red hot again as resurgence of epidemic and Hong Kong unrest spurs haven demand

  • Tencent and Meituan climbed to record highs last week as the resurgence of the coronavirus rattles the US and protests roil Hong Kong
  • New-economy stocks are long-term bets as they are set to benefit from times of uncertainty, Swiss wealth management firm UBP says

Topic |   Hang Seng Index
Zhang Shidong
Zhang Shidong in Shanghai

Updated: 7:25am, 6 Jul, 2020

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Meituan Dianping is one of the new economy stocks that has been flying high. Here, its food delivery drivers are seen in Shanghai. Photo: Reuters Meituan Dianping is one of the new economy stocks that has been flying high. Here, its food delivery drivers are seen in Shanghai. Photo: Reuters
Meituan Dianping is one of the new economy stocks that has been flying high. Here, its food delivery drivers are seen in Shanghai. Photo: Reuters
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