Another bird flu death in China as number of infected grows to 95

Another bird flu death in China as number of infected grows to 95

Saturday, Apr 20, 2013
Reuters

SHANGHAI – China reported another death and four new infections from a new strain of bird flu on Saturday, raising the death toll to 18, the official Xinhua News Agency said. The H7N9 virus has been found in 95 people, mostly in eastern China. The latest victim is a 69-year old man surnamed Xu from Zhejiang province who passed away Friday night after emergency treatment failed, Xinhua said. Zhejiang province reported three new infection cases with all three patients in critical condition. The eastern costal province of Jiangsu also reported another bird flu infection. On Friday health officials raised questions about the source of this strain of bird flu indicating that more than half of patients had no contact with poultry.

While it is not clear how people are becoming infected, the World Health Organisation (WHO) says there is no evidence of the most worrying scenario – sustained transmission between people. The WHO’s China representative, Michael O’Leary, issued data on Friday showing that half of the cases analysed had no known contact with poultry, the most obvious potential source, but he said it appeared human-to-human transmission was rare. China announced the first case of human infection of the H7N9 in late March and has since has been praised by the WHO for its handling of the situation.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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