The Chinese Gov has announced an extension to the lockdown.
It will be extended to 10 February for most cities and provinces, except for Hubei, which will be shutdown indefinitely.
By extending the lockdown to 10 Feb (beyond 14 days since 23rd January), it will hopefully control the spread of the virus.
Going to be a bit more short term pain.
https://www.cnbc.com/2020/02/01/coronavirus-more-of-china-extend-shutdown-accounting-for-80percent-of-gdp.html
Hope all victims will get well soon.
And fingers crossed for all CVN investors.
Ann: Quarterly Report December 2019, page-85
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