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    ARVL   LU2314763264


Delayed Nasdaq  -  05/24 04:00:00 pm EDT
1.680 USD   -8.70%
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Beijing introduces more COVID measures as cases mount before Olympics

01/23/2022 | 05:23am EDT
Preparation for Beijing 2022 Winter Olympics

BEIJING (Reuters) -Beijing's city government on Sunday introduced new measures to contain a recent outbreak of COVID-19, as China's capital continued to report new local cases of the virus less than two weeks before it hosts the Winter Olympic Games.

Nine locally transmitted cases were found in Beijing on Jan. 22, the National Health Commission said on Sunday, of which six were in the city's Fengtai district.

Fengtai will organise nucleic acid tests for COVID-19 for all of its residents on Sunday, district health authorities said.

Authorities have asked residents of "risky areas," including a neighbourhood of Fengtai, to not leave the city, a local government spokesman said at a Sunday news conference, adding that Fengtai residents have been asked to avoid mass gatherings.

Beijing city has also asked residents to proactively conduct nucleic acid tests if they find themselves with COVID-19-like symptoms within 14 days of receiving any deliveries from overseas, local authorities said in a statement dated Saturday.

Authorities have suggested Beijing's first case of the Omicron variant of the novel coronavirus could have arrived via a package from Canada.

In Fengtai, some kindergartens have told parents that children who have not been vaccinated against COVID-19 will not be able to attend, two parents told Reuters.

Reuters could not determine whether the requirement is a government regulation or the kindergartens' own rules.

A mother surnamed Wang, whose child attends at a private kindergarten in Fengtai, said a teacher told her on Friday that unvaccinated children will not be allowed to return from Monday citing new government regulations, without providing Wang any official documents.

"This is not on a voluntary basis. This is coercion," Wang told Reuters. She said she has filed a complaint with authorities in the hope of having the requirement removed.

Reuters could not reach local authorities for comment on a non-business day.

Mainland China reported 56 new COVID-19 cases on Jan. 22, down from 63 a day earlier, the National Health Commission said.

Of the new cases, 19 were locally transmitted, versus 23 a day earlier, it said.

The number of new asymptomatic cases, which China does not classify as confirmed cases, fell to 34 from 43.

There were no new fatalities, leaving the death toll at 4,636.

As of Jan. 22, mainland China had confirmed 105,603 cases.

(Reporting by Yingzhi Yang, Roxanne Liu, Jing Xu and Ryan Woo in Beijing; Editing by William Mallard and Christopher Cushing)

© Reuters 2022
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Sales 2022 37,2 M 40,0 M 40,0 M
Net income 2022 -243 M -261 M -261 M
Net Debt 2022 269 M 288 M 288 M
P/E ratio 2022 -4,02x
Yield 2022 -
Capitalization 999 M 1 072 M 1 072 M
EV / Sales 2022 34,1x
EV / Sales 2023 1,02x
Nbr of Employees 2 695
Free-Float 25,5%
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John K. Wozniak Chief Financial Officer
F. Peter Cuneo Non-Executive Chairman
Sergey Malygin Executive Vice President-Technology
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