Why canned peaches are in hot demand during China's COVID-19 surge

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Why canned peaches are in hot demand during China's COVID-19 surge
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The demand has forced Dalian Leasun Food, one of the country's largest canned food manufacturers, to clarify a misconception about canned yellow peaches. 9News

cases in China has sparked panic buying of fever medicines, pain killers, and even home remedies such as canned peaches, leading to shortages online and in stores.

Its sudden surge in popularity prompted Dalian Leasun Food, one of the country's largest canned food manufacturers, to clarify in"Canned yellow peaches ≠ medicines!" the company said in the post published Friday. "There is enough supply, so there is no need to panic. There is no rush to buy." residents that it was facing "great pressure" to meet demand for drug and medical services because of panic buying and an influx of patients at clinics.Stock frenzyShares of Hong Kong-listed Xinhua Pharmaceutical, China's largest manufacturer of ibuprofen, have gained 60 per cent in the past five days. The stock has so far jumped by 147 per cent in the first two weeks of this month.

In some Hong Kong drugstores, fever drugs such as Panadol, the local brand name for Tylenol, have sold out. Most of the buyers were sending the medicines to their families and friends in the mainland, sales representatives told CNN.

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