January 2020 ended with the STI index slipping ~5% from its year-to-date high. My portfolio suffered as well, albeit a smaller reduction of ~2.5% from its peak due to REITs / Trust (Keppel DC REIT, Parkway Life REIT and NetLink Trust) providing some offset by trading higher. My portfolio is significantly exposed to this virus outbreak via DBS Bank, SATS and ETFs tracking China and Hong Kong companies (NYSE:EWH and NYSE:FXI). Nonetheless, I believe that with better technology, governmental coordination and lessons learnt from previous outbreaks, China and rest of the world will be able to get through this.

News on the virus first appeared on 31 Dec 2019. However, due to the festive season and work commitments, I did not manage to perform any short-term trades to take advantage of the volatility. For example, we see bitcoin trading ~30% higher over the past month. We also see Alpha Pro