China reported 7 new confirmed coronavirus

Reuters has printed that China reported 7 new confirmed coronavirus cases in the mainland as of end-May 25, up from 11 a day earlier, the National Health Commission reported.

The commission said in a statement all of the new infections were imported cases, involving travellers from overseas.

It also reported 29 new asymptomatic cases - patients who are infected but do not show symptoms - versus 40 a day earlier.

The total number of cases to date in the mainland stands at 82,992. The death toll remains unchanged at 4,634.

Key notes

• China reports 7 new coronavirus cases in the mainland as of end-May 25 vs 11 a day earlier.
• China reports 7 new imported coronavirus cases in the mainland as of end-may 25 vs 11 a day earlier.
• China says 29 new asymptomatic coronavirus cases in mainland reported as of end-may 25 vs 40 a day earlier.

Market implications

The coronavirus is starting to take a bit of a backseat to other headlines creeping through. Hong Kong is a market risk which is dominating the headlines. So far, markets are not positioning for a worst-case scenario, but the implications are alarming. More on this here: The Hong Kong Dollar, the next black swan?