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Tokyo restaurants' shares jump on birth of twin pandas in nearby zoo
short by Kiran Khatri / on Wednesday, 23 June, 2021
Shares of two restaurants in Japan's Tokyo soared on Wednesday after the nearby Ueno Zoo said its giant panda Shin Shin gave birth to two cubs. Chinese restaurant Totenko's stock jumped as much as 10%, while another restaurant saw its shares jump 7.4%. Both stocks surged earlier this month when the zoo announced that Shin Shin may be pregnant.
read more at BloombergQuint