Morgan Stanley Is Still Hosting Hong Kong Summit, Just Virtually

Add Morgan Stanley to the list of companies forced to change plans because of the coronavirus outbreak.

The bank’s 10th annual Hong Kong Investor Summit will become a virtual event instead of taking place at the firm’s offices next month, a spokesman for the New York-based company said.

The virus’s spread has upset events from Tokyo to London. Companies have decided the risks are too high after a business meeting in Singapore in January was tied to coronavirus cases reaching three European countries. Japanese brokerages have scrapped client events, while Goldman Sachs Group Inc. canceled its global partners’ meeting in New York earlier this month.