The coronavirus might infect as many as 10,000 people in South Korea at what could be a peak next month, according to a report from JPMorgan Chase & Co. citing its insurance team’s epidemiology model.
That scenario assumes a 3% initial exposed group out of about 2.4 million people in Daegu Metropolitan City and a secondary infection rate based on China’s experience with the virus, analysts led by JJ Park wrote in the note dated Feb. 24.
