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Buying back stocks, which reduces the number of shares outstanding, is expected to improve the earnings per share ratio, because the company's annual earnings are then divided by a lower number of outstanding shares.
By Tuesday, the pandemic had affected over 200 countries and regions, with the number of confirmed cases exceeding 719,000 and total deaths reaching 33,673, according to the World Health Organization.
But the impact on the retail sector will be in the first quarter and is expected to be short lived.
But there are still some problems that need to be resolved, he said. For instance, there are difficulties on how to precisely evaluate the patent, and financial regulation standards need to be further improved to better control potential risks, the banker said.
By comparison, the SARS outbreak in 2003 sickened 8,098 and killed 774, or about 9.55 percent of those infected.
来源：资阳报