Cautious optimism amid Wuhan virus, but too early to buy on dips, say analysts

Singapore

IN THE perennial tussle between fear and greed in investment markets, fear currently has the upper hand as the spread of the Wuhan virus is expected to worsen before it eventually abates.

Still, analysts and strategists remain broadly optimistic on markets. The ongoing correction could well be a buying opportunity particularly in China and emerging market (EM) equities, some say.