HONG KONG (Bloomberg): Hong Kong has been struggling with a shortage of face masks to protect against the coronavirus outbreak. Now it could be facing a run on toilet paper.
Toilet rolls were unavailable in supermarkets in parts of the city as posts circulated on social media showing empty shelves and shoppers lining up to snag rolls, fuelling the latest shortage in a city that is increasingly trying to isolate itself from China to keep the virus from spreading.
The cause of the toilet paper shortage was not immediately clear, but speculation was rife on social media about possible holdups involving the supply chain in mainland China. Vinda International Holdings, a Hong Kong-listed toilet paper producer, didn't immediately respond to a request for comment on Thursday, nor did some of Hong Kong's supermarket chains. Vinda shares rose as much as 8 per cent to a record high in the morning session.
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