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Tuesday, February 18, 2020

Philippine workers allowed to travel to Hong Kong, Macau amid virus fear

The Philippines on Tuesday allowed Filipino workers to travel to Hong Kong and Macau, relaxing the travel ban it imposed on China and its special administrative regions to control the spread of the coronavirus.
The Philippines announced its decision before Hong Kong reported that a Filipina domestic helper became its 61st case of coronavirus in the country.
There are more than 180,000 Filipinos in Hong Kong, many working as helpers, according to the Philippines Labour Ministry.
The Philippines had imposed a travel ban on China and its special administrative regions Hong Kong and Macau. It later included Taiwan in the ban, but lifted it a few days after.
There was no immediate comment from Philippine officials on how the latest development in Hong Kong will affect its decision to relax its travel restriction.
The Philippines also said it would allow foreign spouses or children of Filipinos and holders of diplomatic visas travelling from China, Macau and Hong Kong to enter the country but they will be subjected to a 14-day quarantine.
Initially, only Filipinos and holders of permanent resident visas travelling from these areas were allowed entry.
Recruiters have appealed to the government to exempt Filipino workers from the travel ban because many of them are breadwinners. They could also lose their visas if they failed to report for work on time, the Society of Hong Kong Accredited Recruiters of the Philippines has said.
In 2019, Filipino workers in Hong Kong sent home $801 million in foreign exchange remittances, central bank data showed.
Filipinos leaving for Hong Kong and Macau for study and employment will be required to sign a declaration that they know the risks of going there, health officials said.
The Philippine government also said it will repatriate Filipino crew and passengers from the quarantined cruise ship Diamond Princess who wish to come home.
The cruise ship, owned by Carnival Corp and carrying some 3,700 passengers and crew, has been quarantined in Yokohama since Feb. 3, after a man who disembarked in Hong Kong before it traveled to Japan was diagnosed with the virus.
The Philippine Foreign Ministry said 35 of the 538 Filipinos onboard had tested positive for the coronavirus, including the eight new cases, who are all crew members.
In the Philippines, there have been three confirmed cases of coronavirus, including one death.

Japan plans HIV drug trials to beat coronavirus; Diamond Princess cases rise

Japan plans to start trials of HIV medications to treat coronavirus patients as an increase in the number of cases poses a growing threat to the economy and public health, the government’s top spokesman said on Tuesday.
The government is making “preparations so that clinical trials using HIV medication on the novel coronavirus can start as soon as possible,” Yoshihide Suga told a briefing, but added he could not say how long it might take to approve a drug’s use.
A further 88 people tested positive for the virus on the Diamond Princess cruise ship quarantined off the port of Yokohama, bringing the total number of infected passengers to 542, the Health Ministry said.
Elsewhere, three more cases were diagnosed in Wakayama Prefecture, including the son of a doctor infected with the virus, local media said.
As the contracting economy deepens recession fears, the spread of the virus has prompted Tokyo to curb the size of public gatherings, while some companies are telling employees to work from home.
HIV drugs have been touted as a potential cure for the coronavirus, which has killed almost 1,900 people in mainland China. No therapy has yet proven fully effective against the infection.
People in China have begun exploring unorthodox ways to get treated, with some appealing to HIV patients and unauthorised importers for medicine.
In Thailand, doctors said they appeared to have had some success in treating severe cases of the virus with a combination of medications for flu and HIV.
As demand for surgical masks surges in Japan, police were investigating the theft of 6,000 masks reported by the Kobe Red Cross Hospital in the central city, a hospital official said.
Japanese officials have promised to work hard to avoid disruption to the Olympic Games starting in Tokyo in July, but concern about the virus led Mongolia’s Olympics archery team to cancel training in Japan, the Kyodo news agency said.
U.S. government evacuation flights on Monday flew home more than 300 Americans who had been on board the Diamond Princess.
With more than 3,000 passengers and crew, the ship has been in quarantine since early this month, after a passenger who had left it in Hong Kong was diagnosed with the virus.
The vessel will receive meals from World Central Kitchen, a non-profit set up by celebrity chef Jose Andres, in a bid to reduce the burden on crew, said Rai Caluori, vice president of vessel operator Princess Cruises.
Passengers still on the ship, about half of whom are Japanese, have expressed frustration over the quarantine and authorities in Australia, Canada, Italy and South Korea are also planning to evacuate citizens from the cruise liner.
A plane chartered by the Canadian government has left for Japan to evacuate its nationals, TV Asahi said. Canada has said 14 days of quarantine await them on their return.
South Korea is also sending a government charter flight on Tuesday to take home four citizens, and a Japanese spouse, who have no symptoms, a South Korean official said.
Japanese who test negative will begin disembarking as early as Wednesday, Health Minister Katsunobu Kato said.
“Everyone wants to return home as soon as possible, so considering that feeling, we are making preparations,” Kato told reporters.
Disembarkation was set for Feb. 19 to 21, Japan’s vice health minister said, according to a copy of a letter circulated on Twitter by a passenger using the handle @daxa–tw. The letter said local health authorities would take passengers’ temperatures before they left the ship.


10x Genomics sees 44% top line growth in 2020

10x Genomics (NASDAQ:TXG) Q4 results:
Revenue: $75.3M (+49%).
2019 revenue: $245.9M (+68%).
Cumulative Chromium instruments sold: 1,666.
Net loss: ($7.1M); loss/share: ($0.07).
2020 guidance: Revenue: $350M – 360M (consensus: $346M).
Shares down 5% after hours in apparent response to the lower expected growth rate versus 2019.

Amedisys EPS beats by $0.01, misses on revenue

Amedisys  (NASDAQ:AMED): Q4 Non-GAAP EPS of $0.94 beats by $0.01; GAAP EPS of $0.83 misses by $0.09.

Revenue of $500.68M (+15.3% Y/Y) misses by $10.9M.

Shares -0.54%.



bluebird bio EPS misses by $0.25, beats on revenue

bluebird bio (NASDAQ:BLUE): Q4 GAAP EPS of -$4.04 misses by $0.25.
Revenue of $9.99M (-48.1% Y/Y) beats by $1.76M.

Herbalife EPS beats by $0.10, beats on revenue

Herbalife (NYSE:HLF): Q4 Non-GAAP EPS of $0.74 beats by $0.10; GAAP EPS of $0.40 misses by $0.10.
Revenue of $1.22B (+2.5% Y/Y) beats by $10M.
Shares +3.3%.

China Turns to Health-Rating Apps to Control Movements in Virus Outbreak

China’s technology titans are deploying health-rating systems to help authorities track the movement of millions of Chinese who are preparing to resume work at factories and other businesses, adding a new and controversial tool in the country’s battle to contain the fast-spreading coronavirus outbreak.
China’s official Xinhua News Agency reported this week that the country’s cabinet, the State Council, had instructed Alibaba Group Ltd. affiliate Ant Financial Services Group to explore the nationwide rollout of a rating app to help governments control which people can travel into and around the city during the Covid-19 outbreak.
Alibaba and Ant Financial worked with the government of Hangzhou to develop a smartphone-based system to classify people into three categories of exposure to the outbreak — green, yellow or red — based on their health conditions and travel history. Gaming and social-media behemoth Tencent Holdings Ltd. created a similar program for the southern city of Shenzhen.
Ant Financial said in a social-media post that the national system could be launched as early as this week. Tencent is also working with the central government to expand its system nationwide, the company said.
In Hangzhou, users are prompted to enter their personal information and current location when first registering. They then self report their physical condition — choosing from a list of options such as a dry cough, fever or asymptomatic — and are asked if they have traveled in the last 14 days or come into contact with suspected or confirmed coronavirus cases in the same period.
The system, operated by the city government through Alibaba’s DingTalk mobile messaging platform, then assigns the person a color-coded badge. Those marked as green are given the all clear to roam relatively freely around the city, and are given a QR code to present at checkpoints such as subways, office buildings, malls and other crowded public places when moving about. Staff at these checkpoints will scan or visually check this code and take their temperatures before they are allowed to pass.
Little has been said about the national system so far, and the State Council didn’t immediately respond to a request for comment.
China’s ruling Communist Party is under intense pressure to restart the country’s economy after the outbreak of the fast-spreading coronavirus — which has infected more than 72,000 people and killed at least 1,868 — led the government to extend the annual Lunar New Year holiday and impose lockdowns on regions hard-hit by the pathogen. Business in several places has been brought to a virtual standstill.
In a survey released Monday by the American Chamber of Commerce in China of 109 manufacturers, 78% of companies said they didn’t have sufficient staff to run a full production line.
In turning to Alibaba and Tencent for help, China’s government is exploiting its close relationships with the country’s most influential tech companies. By working with the companies, the government can tap computing power and expertise it lacks on its own. The companies, meanwhile, benefit from a government-mandated boost to traffic on their platforms.
Both Alibaba and Tencent have said they have no access to users’ health and travel data.
So far, the systems have drawn a mix of praise and scorn. Hangzhou’s government said the scheme has made it easier to restart work and factory production while still isolating those infected with the virus. But flaws have led to serious disruptions in the lives of some residents.
Ma Ce, a Hangzhou-based lawyer, said he applied for permission to return from vacation to the eastern Chinese city using Ant Financial’s smartphone app.
In the Hangzhou system, people granted green badges can move around the city with relative freedom by flashing their phones at checkpoints. Those given yellow badges must isolate themselves for seven days, while people who come up red are forced to self-quarantine at home for two weeks.
Yellow and red badges are given to those who might have been with a confirmed or suspected coronavirus patient, or who recently traveled to areas severely affected by the outbreak, such as Wuhan, the central city at the epicenter of the outbreak.
Hangzhou’s system relies on users to self-report much of the information used to determine their status. Mr. Ma said he hadn’t visited highly infected parts of China, nor was he feeling under the weather. Nevertheless, the system gave him a red badge.
“I have no idea how come I am granted a red card under circumstances like this,” he said.
Alibaba referred questions about the potential for mislabeling to the Hangzhou government, saying the government was responsible for the system’s core operations. The Hangzhou government didn’t immediately respond to requests for comment.
Since the health-code system was launched in Hangzhou on Feb. 11, the government has issued more than 7.2 million colored tags, of which more than 6.7 million were green, a Hangzhou official said at a news conference on Sunday. The day before, the city government created an appeal process on its own website for those who believe they have been given the wrong color.
A system that relies on travel restrictions and self-reported data could fail because the stigma attached to being a carrier incentivizes people who have been exposed to the virus to lie about their status, said Peter Daszak, the president of EcoHealth Alliance, whose New York-based organization conducts research into infectious diseases.
The Hangzhou government called out 16 people for lying on their health code application in a social-media post earlier this month, saying it used “big data” to verify the self-reported information. Everyone in the group would immediately be given red tags, it said.
By Feb. 14, the number of people found to have been dishonest on their applications had risen to more than 1,000, officials said in a separate post.
Such apps might be useful in controlling unusually deadly diseases such as Ebola or severe acute respiratory syndrome but are less helpful with outbreaks of diseases like Covid-19 with lower mortality and hospitalization rates, said Ben Cowling, head of the epidemiology and biostatistics division at Hong Kong University’s School of Public Health.
In Shenzhen, Tencent rolled out a health-rating system through its massively popular chat messenger WeChat. Residents apply for a health code to be used at checkpoints all across the city, at neighborhood entrances and road blocks as well as in airports and railway stations.
The bar code replaces the use of paper-based records and minimizes human interaction, lowering the risk of the virus spreading within a community, the Chinese technology giant said in a statement on social media.
Multiple calls to the Shenzhen government’s propaganda office went unanswered on Tuesday.
Similar systems have recently been adopted in Shanghai, the central Chinese city of Zhengzhou, and in the coastal provinces of Zhejiang and Fujian, according to state media reports. Hangzhou, where Alibaba and Ant are located, is the capital of Zhejiang.
Mr. Ma, the Hangzhou lawyer, said his experience has convinced him the city would be better off using humans to help machines to make such decisions.
“It matters whether or not people can enter a city, or whether or not people get stuck in their apartments,” he said.