1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. UBS Group AG
  6. News
  7. Summary
    UBSG   CH0244767585

UBS GROUP AG

(UBSG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

One surrendered Hong Kong hamster tests COVID positive as city lockdown grows

01/23/2022 | 06:00am EDT
Officers in protective suits at a closed pet shop in Hong Kong

HONG KONG, Jan 23 (Reuters) - Hong Kong authorities said on Sunday one hamster surrendered to authorities by pet owners had tested positive for COVID-19 and that over 2,200 hamsters had been culled as the city struggled to contain an outbreak.

On Tuesday, officials ordered the killing of hamsters from dozens of pet shops after tracing a coronavirus outbreak to a worker at a shop and asked people to surrender any bought on or after Dec. 22.

While a handful of hamsters had already tested positive for the virus, this latest case is the first involving a hamster in the care of a pet-owner that had tested positive.

Despite a public outcry against the hamster crackdown, authorities urged pet-owners to continue to hand over their tiny furry pets given burgeoning health risks.

"(The government) strongly advises members of the public again to surrender ... as soon as possible their hamsters purchased in local pet shops on or after December 22, 2021 for humane dispatch," the government said in a statement.

As at Jan. 22, a total of 2,512 animals, including 2,229 hamsters, had been "humanely dispatched" according to a government statement.

Hong Kong's leader Carrie Lam earlier told reporters that she understood "pet owners are unhappy" with the killings, but said the biggest priority was to control the outbreak.

The government described the outcry as "irrational."

Thousands of people have offered to adopt unwanted hamsters.

CONTAINMENT MEASURES

Some scientists and veterinary authorities have said there is no evidence that animals play a major role in human contagion with the coronavirus.

Meanwhile, officials have warned that COVID-19 infections could be growing exponentially in the congested residential area of Kwai Chung on the Kowloon peninsula, as a second building in the district with 2,000 residents was locked down on Saturday for five days.

More than 35,000 residents in over a dozen buildings in the area had to undergo compulsory COVID-19 tests, with Lam and other senior officials visiting the area on Sunday.

Sophia Chan, Hong Kong's Health Secretary, told reporters on Sunday that the city's strategy of containment would continue.

Some 140 confirmed cases were reported on Sunday, the highest daily number in the financial hub since July 25, 2020.

Lam urged people to avoid gatherings ahead of next week's Lunar New Year holidays to try to contain the highly infectious Omicron variant.

The situation is testing Hong Kong's "zero COVID-19" strategy focused on eliminating the disease, with schools and gyms already shut, restaurants closing at 6 p.m. (1000 GMT) and air travel with many major hubs severed or severely disrupted.

Some companies have begun to enact contingency measures.

UBS Group AG said in a note to its Hong Kong staff reviewed by Reuters that it had "decided to move to work-from-home operations for all except a minimum number of staff who have essential tasks to be completed in the office" given the Omicorn outbreak.

A UBS spokesman declined to comment on the memo.

(Additional reporting by Twinnie Siu, Sumeet Chatterjee and Jessie Pang; Editing by Christopher Cushing and Emelia Sithole-Matarise)


© Reuters 2022
All news about UBS GROUP AG
02:00aGlobal banks pay price of Russia retreat
RE
01:13aUBS : launches UBS Circle One – a global ecosystem, connecting clients to top insigh..
PU
05/24UBS Advisor Michael Matthews Ranked #1 in Washington State by Forbes/SHOOK Research
BU
05/24Factbox-Global banks pay price of Russia retreat
RE
05/23MARKETSCREENER'S WORLD PRESS REVIEW : May 23, 2022
05/23UBS CEO says clients on sidelines amid market volatility
RE
05/22Swiss Re, UBS Become Founding Buyers In Carbon Removal Credits Project
MT
05/22Swiss Re, UBS among founding buyers in carbon removal scheme
RE
05/19UBS DECLARES QUARTERLY COUPON PAYMEN : Amub
BU
05/19UBS AG : JP Morgan remains its Buy rating
MD
More news
Analyst Recommendations on UBS GROUP AG
More recommendations
Financials
Sales 2022 35 050 M 36 419 M 36 419 M
Net income 2022 7 692 M 7 993 M 7 993 M
Net cash 2022 56 965 M 59 189 M 59 189 M
P/E ratio 2022 7,87x
Yield 2022 2,87%
Capitalization 59 430 M 61 751 M 61 751 M
EV / Sales 2022 0,07x
EV / Sales 2023 0,07x
Nbr of Employees 71 697
Free-Float 89,6%
Chart UBS GROUP AG
Duration : Period :
UBS Group AG Technical Analysis Chart | UBSG | CH0244767585 | MarketScreener
Technical analysis trends UBS GROUP AG
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 17,75 CHF
Average target price 21,65 CHF
Spread / Average Target 22,0%
EPS Revisions
Managers and Directors
Ralph A. J. G. Hamers Group Chief Executive Officer
Sarah M. Youngwood Chief Financial Officer
Thomas Colm Kelleher Chairman
Mike Dargan Chief Digital & Information Officer
Sabine Keller-Busse Group Chief Operating Officer
Sector and Competitors