It seems Chinese authorities are letting COVID run freely in China and the results are obvious.
If COVID 19 in China gets out of control the global economy will go in to a deep and prolonged recession -> something like 3 % to 5 % yearly declines in GDP for several years.
Or simply put, the coronavirus running rampant in China could trigger an economic depression.
Moderna and BiONTech will benefit immensely from the current COVID 19 outbreak in China, in my opinion.
The Chinese COVID 19, coronavirus vaccines made by Chinese companies are not deemed as effective as Moderna and BiONTech COVID 19 shots, according to many sources.
Moderna, especially, due to the fact that it is the pioneer in messengerRNA technology and producer of arguably the most effective COVID 19, coronavirus vaccines could see huge, extraordinary increases in revenue and profits and by extension of its market capitalisation.
Moderna is currently valued at circa 77 billion USD by public markets.
In my opinion, the intrinsic value of Moderna, also predicted on the current COVID 19 outbreak in China is around 300 billion USD.
MessengerRNA is the technological future of medicine and Moderna is the proven pioneer in mRNA.
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