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</o:shapelayout></xml><![endif]--></head><body lang=EN-ZW link="#0563C1" vlink="#954F72"><div class=WordSection1><div align=center><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=949 style='width:712.0pt;border-collapse:collapse'><tr><td width=943 colspan=4 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal><span style='font-family:"Verdana",sans-serif'><a href="https://bullszimbabwe.com/"><span style='mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=246 height=120 id="Picture_x0020_1" src="cid:image001.png@01D6FBBC.CB8E91B0" alt="cid:image001.png@01D6FBBC.CB8E91B0"></span></a><span style='color:#1F497D'><o:p></o:p></span></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif;color:#1F497D'> <o:p></o:p></span></p></td></tr><tr><td width=943 colspan=4 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><a href="http://www.bullszimbabwe.com"><span style='text-decoration:none'>Bullszimbabwe.com </span></a> <a href="mailto:info@bulls.co.zw?subject=View%20and%20Comments"><span style='text-decoration:none'>Views & Comments</span></a> <a href="https://bullszimbabwe.com/category/blogs/bullish-thoughts/"><span style='text-decoration:none'>Bullish Thoughts</span></a> <a href="http://www.twitter.com/BullsBears2010"><span style='text-decoration:none'>Twitter</span></a> <a href="https://www.facebook.com/BullsBearsZimbabwe"><span style='text-decoration:none'>Facebook</span></a> <a href="http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72"><span style='text-decoration:none'>LinkedIn</span></a> <a href="https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO"><span style='text-decoration:none'>WhatsApp</span></a> <a href="mailto:info@bulls.co.zw?subject=Unsubscribe"><span style='text-decoration:none'>Unsubscribe</span></a></span><o:p></o:p></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=943 colspan=4 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoSubtitle style='margin-left:32.1pt;text-indent:7.5pt;line-height:105%'><span class=style30><b><span style='font-family:"Verdana",sans-serif;color:windowtext'><o:p> </o:p></span></b></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> </span><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td></tr><tr><td width=943 colspan=4 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='margin-bottom:12.0pt;line-height:105%'><span class=style30><b><span lang=EN-US style='font-family:"Verdana",sans-serif;color:#1F497D'>Coronavirus Global Updates 13 July ::: :U.K. Opening Fears; Chinese Bankers Lose Perks; Zimbabwe Speeds Up Vaccinations<o:p></o:p></span></b></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> </span><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td></tr><tr style='height:10.05pt'><td width=943 colspan=4 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><a href="https://www.facebook.com/Hyundaizimbabwe/"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=804 height=229 id="Picture_x0020_3" src="cid:image002.png@01D77246.84BCEC90"></span></a></span><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr style='height:10.05pt'><td width=943 colspan=4 rowspan=3 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:10.05pt'><h1 style='line-height:33.75pt;background:white'><span lang=EN-US style='font-size:11.0pt;font-family:"Verdana",sans-serif;mso-fareast-language:EN-US'>Zimbabwe COVID19 Update</span><span lang=EN-US style='font-size:11.0pt;font-family:"Verdana",sans-serif;mso-fareast-language:EN-US;font-weight:normal'><o:p></o:p></span></h1><h1 style='mso-margin-top-alt:7.5pt;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#0F1419;font-weight:normal'>COVID-19 update: As at 12 July 2021, Zimbabwe had 70 426 confirmed cases, including 46 932 recoveries and 2 236 deaths. To date, a total of 926 312 people have been vaccinated against COVID-19.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#0F1419;font-weight:normal'><br><br></span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#1F497D'><img border=0 width=509 height=680 id="Picture_x0020_2" src="cid:image003.jpg@01D776ED.70A112D0" alt=Image></span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif'><img border=0 width=32 height=32 id="Rectangle_x0020_12" src="cid:image008.png@01D731E1.EB5DE1C0" alt=Image> <img border=0 width=32 height=32 id="Rectangle_x0020_14" src="cid:image008.png@01D731E1.EB5DE1C0" alt=Image><o:p></o:p></span></h1><h1 style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:15.0pt;margin-left:0cm;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black;letter-spacing:-.3pt'>U.K. Opening Fears; Chinese Bankers Lose Perks: Virus Update<br></span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black;font-weight:normal'>U.K. Prime Minister Boris Johnson faced <a href="https://www.bloomberg.com/news/articles/2021-07-13/johnson-s-u-k-virus-gamble-sparks-fear-and-unease-as-cases-grow" target="_blank" title="Johnson’s U.K. Virus Gamble Sparks Fear and Unease as Cases Grow"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>warnings</span></a> that his plan to ease remaining coronavirus restrictions in England could lead to a surge in infections that will strain hospitals and undermine an economic recovery.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h1><p style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:20.25pt;margin-left:0cm;background:white;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Australia has a “firm commitment” to launch a quarantine-free travel bubble with Singapore, likely to now occur by year-end due to Sydney’s outbreak, Australia’s top diplomat to the city-state <a href="https://www.bloomberg.com/news/articles/2021-07-13/australia-eyes-year-end-travel-bubble-with-singapore-envoy-says" target="_blank" title="Australia Eyes Year-End Travel Bubble With Singapore, Envoy Says"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>said</span></a>. The number of Sydney residents hospitalized by Covid-19 rose to 65, a sign that authorities might impose tighter curbs on movement. China’s two biggest investment banks are cutting travel budgets and asking managing directors to <a href="https://www.bloomberg.com/news/articles/2021-07-13/china-s-top-brokers-ask-senior-bankers-to-fly-coach-to-cut-costs" target="_blank" title="China’s Top Brokers Ask Bankers to Fly Coach, Share Rooms (1)"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>fly coach</span></a>.<br><br><br></span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif'><a href="http://www.firstmutual.co.zw/"><span style='font-size:12.0pt;font-family:"Times New Roman",serif;color:windowtext;text-decoration:none'> <img border=0 width=763 height=235 id="_x0000_i1030" src="cid:image009.jpg@01D777C3.E8181760"></span></a><span style='color:#1F497D;letter-spacing:.4pt'><o:p></o:p></span></span></p><p style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p> </o:p></span></p><p class=paywall style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>U.S. regulators added a warning to Johnson & Johnson’s <a href="https://www.bloomberg.com/news/videos/2021-07-13/j-j-vaccine-gets-fda-warning-about-rare-immune-disorder-video" target="_blank" title="J&J Vaccine Gets FDA Warning About Rare Immune Disorder (Video)"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>vaccine</span></a> after a rare immune-system disorder was reported in about 100 of the more than 12 million people who received the inoculation. The U.S. recorded its biggest weekly increase in Covid infections since April 2020, with cases soaring 47% for the week ending Sunday, as the delta variant spreads while vaccination rates fall.<o:p></o:p></span></p><p class=MsoNormal style='background:white;vertical-align:baseline'><span style='font-family:"Verdana",sans-serif;color:black'><a href="https://www.bloomberg.com/graphics/covid-vaccine-tracker-global-distribution/" target="_blank" title="More Than 3.32 Billion Shots Given: Covid-19 Vaccine Tracker"><span style='border:none windowtext 1.0pt;padding:0cm;text-decoration:none'><o:p></o:p></span></a></span></p><p class=MsoNormal style='background:white;vertical-align:baseline'><b><span style='font-family:"Verdana",sans-serif;color:black'>Goldman on Pandemic and U.S. Economy <br></span></b><span style='font-family:"Verdana",sans-serif;color:black'>Covid is fueling a productivity boost for the U.S. economy by speeding up workplace digitization, according to Goldman Sachs Group Inc., which <a href="https://www.bloomberg.com/news/articles/2021-07-13/goldman-says-pandemic-is-shaping-a-more-productive-u-s-economy" target="_blank" title="Goldman Says Pandemic Is Shaping a More Productive U.S. Economy"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>said</span></a> annualized growth in output per hour has risen 3.1% since the crisis began, compared with 1.4% in the previous business cycle.</span><span style='font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=cases-at-malaysian-vaccination-center-1225-pm-hk><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Cases at Malaysian Vaccination Center <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>A vaccination center in the Malaysian state of Selangor was closed down for a day after staff <a href="https://www.bloomberg.com/news/articles/2021-07-13/malaysia-shutters-vaccination-centre-after-staff-test-positive" target="_blank" title="Malaysia Shutters Vaccination Centre After Staff Test Positive"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>tested positive</span></a>, Science Minister Khairy Jamaluddin said. It’s the first time the country has shuttered a center since beginning its vaccination campaign in February.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=uk-virus-gamble-sparks-fears-1201-pm-hk><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>U.K. Virus Gamble Sparks Fears <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>With social distancing and the mandatory wearing of masks due to end in England on July 19, Prime Minister Boris Johnson is <a href="https://www.bloomberg.com/news/articles/2021-07-13/johnson-s-u-k-virus-gamble-sparks-fear-and-unease-as-cases-grow" target="_blank" title="Johnson’s U.K. Virus Gamble Sparks Fear and Unease as Cases Grow"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>pushing ahead</span></a> with dropping virus measures even as a new wave of the pandemic takes hold.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Daily hospital admissions are expected to hit 1,000-2,000 per day at a peak in August and there could be as many as 200 daily deaths, according to modeling by the U.K.’s Scientific Advisory Group for Emergencies. Economists expect a dip in consumer confidence in the coming weeks due to the greater perceived threat to public safety.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=china-export-growth-accelerates-1150-am-hk><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>China Export Growth Accelerates <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><a href="https://www.bloomberg.com/news/articles/2021-07-13/china-s-exports-climb-almost-20-in-june-in-yuan-terms" target="_blank" title="China’s Export Growth Unexpectedly Accelerates in June (1)"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>China’s exports</span></a> unexpectedly surged in June, helping underpin the economy amid signs the recovery is starting to slow. Export growth accelerated to 32.2% in dollar terms in June from a year earlier, the customs administration said, overturning economists expectations of a slowdown to 23%.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Imports climbed 36.7%, beating the median forecast of 29.5% and leaving a trade surplus of $51.5 billion, the highest since January.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=japan-to-give-vietnam-vaccines-1045-am-hk><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Japan to Give Vietnam Vaccines <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Japan will provide <a href="https://www.bloomberg.com/news/terminal/QW5W5JT0G1KZ" target="_blank" title="Japan to Give Vietnam 1M More Vaccine Doses: Suc Khoe Doi Song"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>1 million</span></a> more vaccine doses to Vietnam, with delivery expected on July 16, bringing its total donations to the Southeast Asian country to 3 million, according to a Vietnam health ministry publication.<br><br></span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=sydney-hospital-admissions-rise-955-am-hk><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Sydney Hospital Admissions Rise <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>The number of Sydney residents <a href="https://www.bloomberg.com/news/articles/2021-07-13/sydney-s-covid-outbreak-puts-65-in-hospital-as-delta-spreads" target="_blank" title="Sydney’s Covid Outbreak Puts 65 in Hospital as Delta Spreads"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>hospitalized</span></a> from Covid-19 increased to 65 as the Australian city struggles to contain an outbreak of the delta variant. A man in his 70s died, the second fatality in the past week from an outbreak that’s grown to more than 700 cases since mid-June.<br><br>The hospitalizations are a worrying sign that authorities may impose tighter movement restrictions after Sydney was placed into a lockdown on June 26, as the city battles its largest coronavirus outbreak in more than a year.<o:p></o:p></span></h3><p class=paywall style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Mary-Louise McLaws, a professor at the University of New South Wales and adviser to the World Health Organization, told Bloomberg Television that Sydney should have locked down earlier. <br><br><o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=new-zealand-border-restrictions-906-am-hk><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>New Zealand Border Restrictions <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Finance Minister Grant Robertson said New Zealand’s <a href="https://www.bloomberg.com/news/terminal/QW5S10T0G1L0" target="_blank" title="N.Z.’s Robertson Says Border Restrictions Needed ‘For Some Time’"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>border curbs</span></a> “will be with us for some time” as the pandemic continues to evolve, but there are opportunities to refine the approach as vaccination rates increase.<br><br></span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=australiasingapore-travel-bubble-talks-853-am-hk><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Australia-Singapore Travel Bubble Talks <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>“There’s a very strong commitment for officials, both governments in Australia and here in Singapore, to progress the systems -- the operational capabilities, the requirements -- that will be necessary to ensure safe travel,” Australia’s High Commissioner to Singapore Will Hodgman <a href="https://www.bloomberg.com/news/articles/2021-07-13/australia-eyes-year-end-travel-bubble-with-singapore-envoy-says" target="_blank" title="Australia Eyes Year-End Travel Bubble With Singapore, Envoy Says"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>said in an interview</span></a> with Bloomberg Television.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>A quarantine-free travel bubble is now more likely to occur by the end of the year due to an outbreak in Sydney, Hodgman said.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline'><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Chinese Banks Cut Travel Budgets <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>China’s two biggest investment banks are cutting <a href="https://www.bloomberg.com/news/articles/2021-07-13/china-s-top-brokers-ask-senior-bankers-to-fly-coach-to-cut-costs" target="_blank" title="China’s Top Brokers Ask Senior Bankers to Fly Coach to Cut Costs"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>travel budgets</span></a>, in another example of state-owned financial groups coming under pressure to reduce costs and support the country’s recovery from the pandemic.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Among the cuts at Citic Securities Co. and CSC Financial Co., managing directors will be downgraded to economy-class for some flights, according to memos seen by Bloomberg.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=japan-to-approve-antibody-cocktail-714-am-hk><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Japan to Approve Antibody Cocktail <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Japan’s health ministry plans to <a href="https://www.bloomberg.com/news/terminal/QW5M9TT0G1L4" target="_blank" title="Japan to Approve Antibody Cocktail for Covid Treatment: Mainichi"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>approve</span></a> Regeneron’s casirivimab-imdevimab antibody cocktail for the treatment of Covid-19 as soon as next week, the Mainichi newspaper reported, without attribution. The ministry will hold a panel meeting to discuss the treatment on July 19.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=jj-shot-gets-warning-about-rare-disorder-537-am-hk><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>J&J Shot Gets Warning About Rare Disorder <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>The fact sheet for Johnson & Johnson’s Covid vaccine was revised to <a href="https://www.bloomberg.com/news/articles/2021-07-12/j-j-vaccine-linked-to-immune-system-side-effect-cdc-says" target="_blank" title="J&J’s Covid Shot Gets FDA Warning About Rare Immune Disorder"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>warn of the risk</span></a> of a rare immune-system disorder, adding new headwinds for a shot once expected to be a linchpin of the U.S. immunization effort.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>The Food and Drug Administration said it was adding the warning after 100 reports of Guillain-Barré Syndrome, a rare condition in which the immune system attacks the nerves, among people who had received the shot. So far, about 12.8 million Americans have been given the one-dose vaccine.<o:p></o:p></span></p><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>The FDA said 95 of the cases required hospitalization and one person had died. While the available evidence suggests a link between the shot and the syndrome, the agency said the data was insufficient to be able to say definitively it had caused the illness. Symptoms began within 42 days of receiving the shot.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=fire-at-iraqi-hospital-kills-36-covid-patients-443-pm-ny><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Fire at Iraqi Hospital Kills 36 Covid Patients <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>A fire at the al-Hussein hospital in the southern Iraqi city of Nassiriya killed at least 36 Covid-19 patients and injured dozens, according to the state-run Iraqi News Agency.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=warren-seeks-amazon-mask-probe-331-pm-ny><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Warren Seeks Amazon Mask Probe <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Senator Elizabeth Warren <a href="https://www.bloomberg.com/news/terminal/QW5BSNT1UM0W" target="_blank" title="Warren Says Finding FDA-Authorized Masks on Amazon Is a ‘Mess’"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>is urging</span></a> the Department of Justice and the Federal Trade Commission to review her investigation of Amazon Inc. for deceiving search results on the sale of masks authorized by the U.S, Food and Drug Administration.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Finding the masks on Amazon “is a mess, and Amazon seems to be actively misleading customers,” she says on Twitter.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline'><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>France to Mandate Shots for Some <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>France is set to make vaccines compulsory for health-care workers and those who work with vulnerable people, as President Emmanuel Macron tries to encourage the vaccine-shy French to get immunized.</span><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></b></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>While European countries are on the whole pushing ahead with plans to reopen, they are also looking at new pandemic measures as the rate of infection rises. Macron said he will also force people to use so-called health passes to visit bars and restaurants and step up border controls.<o:p></o:p></span></p><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Meanwhile, the Spanish region of Catalonia will force restaurants and nightclubs to close at half-past midnight and limit meetings to 10 people, El Pais newspaper reported.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=unrest-slows-south-africa-inoculations-130-pm-ny><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Unrest Slows South Africa Inoculations <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>South Africa’s vaccination program <a href="https://www.bloomberg.com/news/terminal/QW56VZT0G1KW" target="_blank" title="South African Vaccination Rate Falls Amid Unrest"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>faltered</span></a> amid widespread unrest and looting following the imprisonment of former President Jacob Zuma.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>The country vaccinated 146,577 people in the 24 hours to 5 p.m. local time compared with over 191,000 late last week, according to information on a National Department of Health website.<o:p></o:p></span></p><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Inoculation numbers had been climbing steadily toward a target of 300,000 a day set by President Cyril Ramaphosa. There were reports of some sites not operating on Monday while many people kept off the streets amid the violence.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=greece-mandates-vaccinations-1223-pm-ny><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Greece Mandates Vaccinations <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Greece is mandating vaccinations for those who work in senior citizen homes, within private or public health-care and for those in the military, Prime Minister Kyriakos Mitsotakis said Monday in a national television address.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Meanwhile, all indoor areas -- including nightclubs and bars, cinemas and theaters -- will only be open for those who have been vaccinated, Mitsotakis said. Greece has seen a jump in the daily number of new coronavirus cases attributed mainly to large social gatherings of younger adults.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=uk-risks-seen-with-curbs-lifted-1202-pm-ny><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>U.K. Risks Seen With Curbs Lifted<br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>England is facing multiple “major risks” after pandemic restrictions are lifted next week -- including hospitals coming under intense pressure, a new vaccine-resistant variant emerging, and as many as 200 Covid-19 deaths per day.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='margin:0cm;margin-bottom:.0001pt;background:white;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Newly released data from the U.K.’s Scientific Advisory Group for Emergencies (SAGE) <a href="https://www.bloomberg.com/news/articles/2021-07-12/england-faces-up-to-200-daily-covid-deaths-when-august-peak-hits" target="_blank" title="England Faces Up to 200 Daily Covid Deaths When August Peak Hits"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>suggests</span></a> the picture could be far worse if the public immediately abandons basic precautions such as wearing face coverings on trains and in crowded indoor spaces when the rules are eased on July 19.<o:p></o:p></span></p><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>The findings, based on a clutch of studies commissioned by the government advisory group, will fuel the debate over whether Prime Minister Boris Johnson is taking too big a gamble by pressing ahead with his plan to lift curbs next Monday.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=us-cases-soar-1145-am-ny><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>U.S. Cases Soar <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Confirmed cases of Covid-19 in the U.S. soared 47% to 136,351 in the week ended Sunday, data compiled by Johns Hopkins University and Bloomberg show. The largest weekly rise since April 2020 comes as the highly contagious delta variant spreads in the country amid declining vaccination rates. The death toll for the period ticked <span style='border:none windowtext 1.0pt;padding:0cm'>up to</span> 1,629.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>While last week’s figures are a fraction of the weekly numbers during the winter, about half of Americans remain unvaccinated, slowing the battle against the virus. The U.S. has administered 334 million doses of vaccine, enough to cover about 52% of residents, according to the Bloomberg Vaccine Tracker.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline'><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Sputnik Vaccine Is Effective Against Variants <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Sputnik V was shown to be effective against new Covid-19 variants, including the alpha, beta, gamma and delta strains, as well as two mutations detected in Moscow, according to a <a href="https://www.bloomberg.com/news/terminal/QW4UELT1UM12" target="_blank" title="Sputnik Vaccine Effective Against Covid Variants: Developers"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>study</span></a> published in Vaccines magazine.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline'><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><br>Pandemic Sparks Worst Hunger Since 2005: UN<br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>As many as 811 million people -- more than a 10th of the global population -- were undernourished in 2020, the <a href="https://www.bloomberg.com/news/articles/2021-07-12/world-hunger-surged-to-15-year-high-as-virus-stifled-food-access" target="_blank" title="World Hunger Surged to 15-Year High as Virus Stifled Food Access"><span style='color:black;border:none windowtext 1.0pt;padding:0cm;text-decoration:none'>UN said</span></a> in a report on Monday. The agency said it will now take a “tremendous” effort for the world to fulfill a pledge to end hunger by 2030, and reiterated a call to transform food systems.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline'><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>U.S. Ships J&J Vaccines to Nepal <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>The U.S. is delivering more than 1.5 million doses of the Johnson & Johnson’s vaccine to Nepal, Secretary of State Antony Blinken said in on Twitter.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=zimbabwe-speeds-up-vaccinations-827-am-ny><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Zimbabwe Speeds Up Vaccinations <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Zimbabwe ramped up daily Covid-19 vaccinations to a record as the government expects a faster rollout to help the economy recover from its second contraction into two years.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>On Thursday 29,750 people were vaccinated, the highest number since the public rollout plan began earlier this year. To date, 895,980 people have received their first dose and 595,417 a second, according to Ministry of Health data.<o:p></o:p></span></p><h3 style='mso-margin-top-alt:9.25pt;margin-right:0cm;margin-bottom:9.25pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit' id=israel-clears-way-for-third-pfizerbiontech-dose-713-am-ny><b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Israel Clears Way for Third Pfizer-BioNTech Dose <br></span></b><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Israel’s Health Ministry granted permission to health providers to offer a third dose of the Pfizer Inc.-BioNTech SE coronavirus vaccine to immunocompromised patients, Channel 12 news reported Monday.</span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></h3><p class=paywall style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;background:white;vertical-align:baseline;font-variant:inherit;font-weight:inherit;font-stretch: inherit;line-height:inherit'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Patients eligible for the third dose include people who have undergone liver transplants and cancer patients receiving chemotherapy, the report said. <o:p></o:p></span></p><p style='mso-margin-top-alt:22.5pt;margin-right:0cm;margin-bottom:22.5pt;margin-left:0cm;vertical-align:baseline'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#1F497D'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:10.05pt'><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:10.05pt'><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:10.05pt'><td width=943 colspan=4 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:10.05pt'><p class=MsoNormal style='mso-margin-top-alt:auto;margin-left:36.0pt;line-height:115%;background:white'><b><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></b></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr><td width=943 colspan=4 style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='line-height:105%'><strong><span lang=EN-US style='font-family:"Verdana",sans-serif'>INVESTORS DIARY 2021</span></strong><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=271 style='width:203.0pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='text-indent:12.6pt;line-height:105%'><b><span lang=EN-US style='font-family:"Verdana",sans-serif'>Company</span></b><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=269 style='width:201.65pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><b><span lang=EN-US style='font-family:"Verdana",sans-serif'>Event</span></b><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><b><span lang=EN-US style='font-family:"Verdana",sans-serif'>Venue</span></b><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=196 valign=bottom style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><b><span lang=EN-US style='font-family:"Verdana",sans-serif'>Date & Time</span></b><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=271 valign=top style='width:203.0pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=269 style='width:201.65pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=196 valign=top style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='margin-left:72.0pt;text-indent:-72.0pt;line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=271 valign=top style='width:203.0pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=269 style='width:201.65pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=196 valign=top style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='margin-left:72.0pt;text-indent:-72.0pt;line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=271 valign=top style='width:203.0pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=269 style='width:201.65pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=196 valign=top style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='margin-left:72.0pt;text-indent:-72.0pt;line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=271 valign=top style='width:203.0pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=269 style='width:201.65pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=196 valign=top style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='margin-left:72.0pt;text-indent:-72.0pt;line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=271 valign=top style='width:203.0pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=269 style='width:201.65pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=196 valign=top style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='margin-left:72.0pt;text-indent:-72.0pt;line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=540 colspan=2 valign=top style='width:404.65pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#D9D9D9;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><b><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Companies under Cautionary<o:p></o:p></span></b></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#D9D9D9;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><b><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p></td><td width=196 valign=bottom style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#D9D9D9;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><b><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=540 colspan=2 valign=top style='width:404.65pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=196 valign=bottom style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=540 colspan=2 valign=top style='width:404.65pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>ART<o:p></o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>PPC<o:p></o:p></span></p></td><td width=196 valign=bottom style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Dairibord<o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=540 colspan=2 valign=top style='width:404.65pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Starafrica<o:p></o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Fidelity<o:p></o:p></span></p></td><td width=196 valign=bottom style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Turnall<o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=540 colspan=2 valign=top style='width:404.65pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Medtech<o:p></o:p></span></p></td><td width=208 style='width:155.7pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Zimre<o:p></o:p></span></p></td><td width=196 valign=bottom style='width:147.25pt;border:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:3.25pt'><p class=MsoBodyText style='margin:0cm;margin-bottom:.0001pt;line-height:105%'><span lang=EN-US style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Nampak Zimbabwe<o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr><td width=943 colspan=4 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#1F497D;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><i><span lang=EN-US style='font-family:"Verdana",sans-serif;color:white'><o:p> </o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=943 colspan=4 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#1F497D;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><i><span lang=EN-US style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif;color:white'>DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other Indices quoted herein are for guideline purposes only and sourced from third parties.<o:p></o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=943 colspan=4 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><i><span lang=EN-GB style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p> </o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=943 colspan=4 rowspan=2 valign=top style='width:707.6pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'>(c) 2021 <b>Web</b>:</span><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'><a href="http:// www.bullszimbabwe.com "><span lang=EN-US style='color:windowtext;text-decoration:none'> www.bullszimbabwe.com </span></a></span><b><span lang=EN-US style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Email:</span></b><span lang=EN-US style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'> </span><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'><a href="mailto:info@bulls.co.zw"><span lang=EN-US style='color:windowtext;text-decoration:none'>info@bulls.co.zw</span></a></span><span lang=EN-US style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'> <b>Tel:</b> +263 4 2927658 <b>Cell:</b> +263 77 344 1674<o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr></table></div><p class=MsoNormal><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></div></body></html>