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China's spreading coronavirus is receiving....>

CHINA
CHINA: China's spreading coronavirus is receiving wider attention, with worry
elevated on the back of human to human transmission (identified via medical
workers on Monday) ahead of the Lunar New Year holidays, which sees widespread
travel across the country. The virus has spread from the travel hub of Wuhan and
has been detected in both Beijing & Shanghai (as well as in other Asian
nations), with the current count of cases in the hundreds.
- Worth keeping an eye on some related equity names. For instance, Hong Kong
casino names struggled on Monday, owing to the potential for lower travel during
the LNY period, which would hit company revenues.
- The virus also poses a second risk to Hong Kong retailers, on top of the
protests in the city, once again via lower travel from the mainland over LNY.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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