 "Indians, airlifted from Wuhan, undergo tests at a quarantine facility in New Delhi Photo: PTI")
The outbreak of coronavirus is likely to impact fund-raising activity this financial year, with Indian firms cancelling or postponing roadshows in the Asia-Pacific region, specifically financial hubs of Singapore and Hong Kong, said three people familiar with the matter.
Roadshows are integral to fund-raising — foreign investors get to meet the promoters and query them face-to-face on company prospects. These are typically held a month or two or even a few weeks prior to the scheduled fund raise. Singapore and Hong Kong, besides the US and Britain, are key for Indian firms that embark on roadshows.
“Corporates don’t want to travel to
