Covid-Linked Stocks Jump in Korea, Hong Kong on New Virus Find

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Covid-Linked Stocks Jump in Korea, Hong Kong on New Virus Find

Shares of Asian diagnostic kits and vaccine makers rallied on Monday after a report emerged about a new coronavirus study in bats in China.

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Researchers at the Wuhan Institute of Virology in China stated that they had discovered a new coronavirus carried by bats that enters cells using the same gateway as the virus that causes covid-19.This virus has not been detected in humans, only identified in a laboratory. News of the discovery brought up on Friday the actions of some vaccine manufacturers.Moderna Inc. rose to 6.6% and Novavax Inc. rebounded to 7.8%. US deposit receipts from Bio…

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Researchers at the Wuhan Institute of Virology in China reported having discovered a new bat-borne coronavirus that enters cells using the same gateway as the virus that causes COVID-19. This virus has not been detected in humans, only identified in a laboratory. News of the discovery brought up on Friday the actions of some vaccine manufacturers. Moderna rose to 6.6% and Novavax rebounded to 7.8 percent. US deposit receipts from BioNTech SE, Pf…

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News of the discovery brought up on Friday the actions of some vaccine manufacturers.