'Taiwan Adds China, Thailand To Travel Alert List Amid Growing Mpox Cases' - Focus Taiwan
Portfolio Pulse from Happy Mohamed
The Taiwan Centers for Disease Control (CDC) has raised a travel notice for China and Thailand due to surges in monkeypox cases. The countries join 38 others on the Level 1 watch list. China reported 491 cases in July, a 4.6 times increase from June. Thailand has had 119 cases. The CDC confirmed 14 cases in Taiwan between Aug. 8-13, bringing the total to 280 since June last year.
August 15, 2023 | 3:51 pm
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POSITIVE IMPACT
SIGA Technologies, a company specializing in the development and commercialization of solutions for serious unmet medical needs and biothreats, may see a potential increase in demand for its products due to the surge in monkeypox cases.
As a company specializing in solutions for serious unmet medical needs and biothreats, SIGA Technologies may see a potential increase in demand for its products due to the surge in monkeypox cases.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
The increase in monkeypox cases in Taiwan and the raised travel notice may impact the iShares MSCI Taiwan ETF (EWT) as it could affect the country's economy and tourism sector.
The rise in monkeypox cases and the raised travel notice could potentially affect Taiwan's economy and tourism sector, which could in turn impact the performance of the EWT ETF that tracks the Taiwanese market.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The surge in monkeypox cases in China and the raised travel notice may impact the iShares China Large-Cap ETF (FXI) as it could affect China's economy and tourism sector.
The surge in monkeypox cases and the raised travel notice could potentially affect China's economy and tourism sector, which could in turn impact the performance of the FXI ETF that tracks the Chinese market.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80