Estee Lauder (EL) and other club holdings with significant exposure to the Chinese economy rallied on Friday after it was announced that BioNTech’s (BNTX) Covid vaccine will soon be available to foreigners living in China. We’re cautiously optimistic on vaccine development, adding to hopes that Beijing will soften its restrictive pandemic policies after years of …
Continue reading “Beijing approving BioNTech Covid vaccine will increase our shares tied to China”


