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
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
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Hang Seng Index
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