Noted Tesla, Apple Analyst Says Consumer Electronics Demand 'Disappearing, Not Deferred,' Sees Further Stock Downside
Shanghai, the business capital of China, is slowly beginning to reopen following citywide lockdowns due to a spike in COVID cases. Businesses have restarted production and civilians are now allowed to move out of their apartment complexes with time restrictions.
An analyst, however, cautions the effects of the COVID resurgence will linger for a while longer.
