China’s Guangdong Province Confirms Bird-Flu Case; The Confirmation Raises Concerns That the Virus May Be Resurfacing

August 10, 2013, 8:54 p.m. ET

China’s Guangdong Province Confirms Bird-Flu Case

The Confirmation Raises Concerns That the Virus May Be Resurfacing

TE-PING CHEN

HONG KONG—Southern China’s Guangdong province confirmed its first case of H7N9 bird flu on Saturday, rekindling concerns that the virus may be resurfacing and could spread to Hong Kong and elsewhere. Authorities in Guangdong said a 51-year-old woman surnamed Chen living in Boluo county, about 80 miles east of the capital Guangzhou, had contracted the disease. She is in critical condition after having been admitted to a hospital on Aug. 3 following signs of a fever.The H7N9 strain of bird flu was first confirmed to have jumped to humans in March, when Chinese state media reported that two people in Shanghai had died after succumbing to the virus. Since then, there have been 134 confirmed cases of the disease in mainland China—including the one in Guangdong—and 44 deaths, prompting officials to close poultry markets in various cities, which experts have said has helped halt its spread.

In July, just one case of H7N9 bird flu was diagnosed in mainland China. Virologists say that warmer weather may have helped curb transmission, but they caution that more cases may emerge as the weather turns colder.

Though several clusters of cases in families have been identified, authorities haven’t established that H7N9 can readily be transmitted from human to human, which would make the disease far more deadly. However, the World Health Organization has warned that the virus has more potential for such transmission than other known strains of bird flu.

According to Guangdong health authorities, the female patient had been exposed to poultry through her work at a market in Boluo. So far, none of the nearly 100 people who have been closely exposed to her appear to have contracted the virus.

Hong Kong authorities said they would continue to carefully monitor traffic at the border to try to contain spread of the virus. The border Guangdong shares with Hong Kong is the busiest boundary crossing in the world, with more than half a million people traveling in both directions each day.

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: