Typhoon Bavi 7on 11made landfall in Taizhou, eastern China, nearly 200ten thousand people evacuated

Typhoon Bavi 7late on 11(Sat.) made landfall in the coastal city of Taizhou in eastern China. As a result of the landfall, nearly 200ten thousand people evacuated. From an investor’s perspective, manufacturing and logistics disruptions are an immediate variable.

At the time of landfall, strong winds and heavy rain were observed around Taizhou. The authorities issued widespread evacuation orders, and resident movement and traffic controls continued. There were also reports of concerns about storm surge.

The number of evacuees was estimated at nearly 200ten thousand. There is a high likelihood of some cancellations and delays in flights and coastal shipping. Operating rates at port terminals and truck transport could fall.

There is also room for cases of factory shutdowns and power supply problems to emerge. In particular, companies whose parts procurement is concentrated in one region should review their production schedules. The pace of recovery and the damage tally should be confirmed in future announcements by local governments.

At this stage, no final tally has been released for casualties or property damage. The scale of the damage and the recovery schedule can be understood only after figures from the weather agency and local authorities are available. Investors should first check company disclosures and notices related to logistics.