Chinese listed companies ramp up virus efforts after president's call

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Chinese listed companies ramp up virus efforts after president's call
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A number of Chinese listed companies - ranging from biotech firms, drugmakers, m...

FILE PHOTO: A passenger wears a mask at Shanghai railway station in Shanghai, China January 22, 2020. REUTERS/Aly Song

The new, flu-like virus, first discovered in the central Chinese city of Wuhan, has killed 17 and infected nearly 600 people. Cases have been detected in other major population centers, including Beijing and Shanghai, as well as overseas, triggering a public scramble for face masks and flu medicines.

Tianjin TEDA Co said in an exchange filing on Thursday that its subsidiary, TEDA Filters, is stepping up production of filtration materials used in facial masks to meet surging demand. Wuhan Guide Infrared Co told the official China Securities Journal that the company has donated 4 million yuan worth of infrared thermometer devices to the government of Hubei, the province where Wuhan is located.

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