[Featured Stock] Chesys, Concerns Over Human-to-Human Transmission of Chinese Pneumonia... Super-Spreader Warning

[Asia Economy Reporter Park Hyungsoo] As Chinese health authorities have stated that the possibility of human-to-human transmission of Wuhan pneumonia cannot be ruled out, Chesys' stock price is soaring.

At 11:55 a.m. on the 16th, Chesys was trading at 4,505 won, up 17.75% from the previous day. Paru is also expanding its gains.

According to the website of the Wuhan Municipal Health Commission (WMHC) in China on the 15th, the authorities stated that the novel coronavirus, known as the cause of Wuhan pneumonia, may be transmitted between people. In response to the question, "Have you found any human-to-human transmission so far?" the health authorities said, "So far, investigations have not found clear evidence of human-to-human transmission. However, the possibility of limited human-to-human transmission cannot be ruled out. Continuous research is underway."

With the Lunar New Year (Chunjeol) holiday starting next week and hundreds of millions of Chinese expected to travel, the possibility of human-to-human transmission has raised fears. During Chunjeol, hundreds of millions of Chinese people travel extensively, which could increase the risk of virus transmission.

The health authorities urged, "To prevent infection with the novel coronavirus, thoroughly practice hand hygiene, cover your mouth and nose when sneezing, and avoid close contact with wild animals or live livestock."

In Japan, a patient with the novel pneumonia originating from Wuhan City, Hubei Province, China, has been confirmed for the first time. This is the first confirmed case of infection with the novel coronavirus that caused the cluster pneumonia in Wuhan City, China, in Japan. The WHO has urged preparedness for the possibility of super-spreading related to the pneumonia that started in Wuhan City, Hubei Province, China.