Deadly H7N9 avian influenza may have spread to Guangdong as health authorities in Dongguan shut down the city’s live poultry trade on Sunday

Dongguan shuts down poultry trade amid fears H7N9 has hit southern China

Staff Reporter, 2013-04-29

The deadly H7N9 strain of the avian influenza may have spread to southern China as health authorities in Dongguan, Guangdong province shut down the city’s live poultry trade on Sunday, reports the Guangzhou-based Southern Metropolis Daily. The Dongguan agricultural bureau confirmed on Saturday evening that it gave orders for vendors at live poultry markets in Dongcheng district to remove all live poultry from the premises by 6pm Sunday as a precaution after one tested sample revealed “abormalities.” The bureau refused to say if the sample had tested positive for H7N9, the new strain of the bird flu that has so far killed 23 people and infected a total of 120 across the eastern, northern and central parts of the country. Authorities also did not say when the market would reopen. Reporters at the scene found that in the rush to meet official orders, much of the livestock were being removed from the market without undergoing proper disinfecting procedures. Dongguan health authorities have not reported any H7N9 cases as of April 18 and are still awaiting results from latest samples. Tests for two suspected cases earlier in the month have returned negative for the virus.

 

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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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