The Perfect Enemy | Beijing allowing BioNTech Covid vaccine boosts our stocks tied to China
December 9, 2022
Read Time:5 Minute

The Nasdaq has a “very, very strong” pipeline of Chinese companies that want to list on the exchange in the coming months as the U.S. and China appear closer to resolving an audit dispute, said Bob McCooey, vice chairman of Nasdaq.
VCG | Visual China Group | Getty Images

Estee Lauder (EL) and other Club holdings with meaningful exposure to the Chinese economy bounced Friday, following news that BioNTech‘s (BNTX) Covid vaccine will soon be available to foreign residents living in China.