The impact of Shenzhen's locking down on the economy in 2022
From Mar 13th 2022 , Shenzhen will be close to the city, and its significance is no less than the closure of Wuhan in early 2020. It will inevitably have a great impact on the market in the short term.
This year's epidemic has had a great impact on the economy. Coupled with the Russian-Ukrainian war, rising commodity prices, interest rate hikes in the United States, and financial wars, many companies are struggling to survive. Don't expect the market to perform well this year. All leveraged companies must be removed. Invested companies must have good cash flow. Only by being conservative can they survive.
Guangmai Technology Co., Ltd is a professional LED package maufacturer since 2009.
We need to be careful about the Shenzhen locking down. It will affect the business and economy a lot. We need to keep good cash flow in this 2022.
