Covid-19 Monthly archive

Feb 28, 2020
The week in investor relations: Coronavirus brings fear to markets and Buffett gives wide-ranging interview
– Equity markets fell sharply around the world as the coronavirus spread to new countries, reported the BBC. Major indices in Europe, the US and Asia have now fallen more than 10 percent during the current rout, placing them officially in ‘correction’ territory. Amid those declines, the Dow Jones saw its biggest ever daily fall on Thursday. Overall, equity markets have experienced their worst week since the 200...
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Feb 26, 2020
Coronavirus fears drive rapid increase in online meetings
The spread of a new strain of coronavirus has driven a sharp increase in the number of online investor meetings in February, figures from digital platforms show, as IR teams consider postponing conferences and roadshows. Since the outbreak of Covid-19 was announced in January, several thousand people around the world have been infected with the virus, with cases originally concentrated in mainland China but also jumping to South Korea, Japan and elsewhere in South E...
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Feb 21, 2020
FRC calls for coronavirus business risk disclosure amid revenue warnings
UK regulator the Financial Reporting Council (FRC) has advised British companies to outline the full extent of the risk posed by the new coronavirus, as companies around the world issue warnings about the virus’ potential impact on their quarterly earnings. The FRC recommends that UK firms with operations or manufacturing in China disclose the extent of risk to their business and the quantifiable impact on their year-end reports, as the accounting year ends on A...
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Feb 21, 2020
Six tips for investor communications around the coronavirus
The spread of the novel coronavirus epidemic has cast a cloud over financial markets and marked a tumultuous start to the year for many businesses. While businesses around the world have been moving quickly to navigate the rapidly evolving situation, for listed companies, there is an added, inevitable need to start preparations for communication with external stakeholders as the corporate earnings season kicks off in the next few months. For those listed in Hong Kong and o...
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