China Investors Pile Into Staples, Airlines as Floods Take Toll

  • Materials and consumer staples best performing sectors in July
  • Flooding to accelerate fixed asset investment in second half

A flooded residential community in Wuhan on July 12.

Photographer: VCG via Getty Images

China’s worst flooding since 1998 has investors piling into shares of meat producers, airline operators and cement manufacturers as heavy rainfall continues to sweep across the country.

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