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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.

The World Health Organisation has declared the Wuhan coronavirus a "global health emergency''. This alerts its member countries to step up precautions; members are also required to share information with the WHO.

For investors, the key is to stay calm and not succumb to the knee-jerk impulse to exit, even if markets...

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