Breakingviews - Corona Capital: Kingfisher, Hong Kong, London tube

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Breakingviews - Corona Capital: Kingfisher, Hong Kong, London tube
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From Breakingviews: Kingfisher benefits from the lockdown boom in home and garden maintenance, and there’s a rebound in coronavirus cases in Hong Kong. Catch up with the latest financial insights

A woman is seen wearing a protective face mask on a London Underground station, following the outbreak of the coronavirus disease , London, Britain, June 10, 2020.HOME IMPROVEMENT. The end of lockdown has done little to dampen the DIY boom. Consumers who were confined at home tackled home repairs and gardening jobs with such enthusiasm that Kingfisher, the 5 billion pound operator of B&Q in the United Kingdom and Castorama in France, on Wednesday released an unscheduled trading update.

HOME SICK. Hong Kong is shutting down once again. The financial hub has recorded a spike in Covid-19 cases since July 13, logging over 50 cases daily and a high of 108. Foreign students were blamed for a second wave in March, and now fingers are being pointed at flight crews, sailors and senior executives exempted from quarantine.

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