(Source: itv.com)Contents
1. Background and Thoughts
2. Impact to Businesses
3. Impact to Portfolio
4. Impact to Holidays
5. Under Mandatory Quarantine





Background and Thoughts
Unless one has been living in the caves free of civilisation and technology, one would already heard of the Wuhan Coronavirus (2019-nCOV) and the escalating situation belying the outbreak. Since then, what has happened?
Lock-down of cities in China Suspension, reduction of flight frequency, and cancellation of flights between China and other countries, including Singapore Shares of companies who has business exposures to or in China, or shares exposed to retail, tourism and hospitality in particular are among those hit the hardest, depending on the degree of exposure As of 7 February 2020, DORSCON raised from Yellow to Orange. People in Singapore panic-buying and hoarding essentials in supermarkets, to the extent NTUC Fairprice had limited how much essentials each person can buy (See: Straits Times - FairPrice limits...