Hong Kong’s Central business district. The markets in Asia on Monday took their cues from the US, where stocks saw heavy sell-offs on Friday because of the Omicron variant. Photo: Felix Wong
How do global banks assess Omicron risk? JPMorgan, Morgan Stanley and Credit Suisse see opportunity in ‘bump’ on road to market recovery
- Most likely scenario is a bump in the road to recovery, rather than derailing it, JPMorgan Asset Management executive says
- Morgan Stanley analysts expect further delays to borders reopening
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Coronavirus Vaccine
Hong Kong’s Central business district. The markets in Asia on Monday took their cues from the US, where stocks saw heavy sell-offs on Friday because of the Omicron variant. Photo: Felix Wong