China smog bad for health, good for business
- Published: 14 Jan 2013 at 11.45
- Online news: Asia
Shares in a Chinese facemask manufacturer soared on Tuesday as investors looked for opportunities to profit from the severe air pollution that has blanketed large swathes of China.
A child wearing a facemask walks through Beijing on January 15, 2013. Shares in a Chinese facemask manufacturer have soared as investors looked for opportunities to profit from the severe air pollution that has blanketed large swathes of China.
The smog has been classed as hazardous to health but facemask maker Shanghai Dragon surged by its 10 percent limit for a second day to end at a five-month high, and pollution control equipment maker Fujian Longking also closed up 10 percent.
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