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THE GLOBAL WORLD

THE GLOBAL WORLD

THE GLOBAL WORLD

THE GLOBAL WORLD

Thursday, January 23, 2020

Hong Kong Stock Exchange CEO hopes the world "will do better" on coronavirus than SARS




From the Website of CNN NEWS

links: https://edition.cnn.com/asia/live-news/coronavirus-outbreak-intl-hnk/index.html


Hong Kong Stock Exchange CEO hopes the world "will do better" on coronavirus than SARS




Charles Li, CEO of the Hong Kong Stock Exchange, has said he hopes the world will react better to the coronavirus than it did to the SARS outbreak.

“We’ve been here in 2003 with SARS and everything else, hopefully this time, not only we have learned, but hopefully we’ll do better," said Li in an interview with CNN’s Julia Chatterley in Davos.


"This requires everyone to pay attention," added Li, referencing governments, institutions, hospitals and the media.

Li also commented on the market tumble in Asia.

“Markets reacted very quickly, very naturally to something that is not known, something like this; how fast is going to go, how serious is going to be, how broadly affecting the population is going to be so while those questions are still lingering the market is going to pause,” he said.

Stocks in China had their worst day in more than eight months Thursday as the deadly virus spreads across the country.

China's Shanghai Composite closed down 2.75% Thursday afternoon, and Hong Kong's Hang Seng Index closed down 1.5%. The benchmark has lost about 4% so far this week.


CNN Website





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