This paper investigates market reaction to the novel corona virus (COVID-19) pandemic. Using a sample of Chinese listed firms, we find that market reaction to the COVID-19 outbreak is more intense in firms within the industries that are vulnerable to the virus, and those with high institutional investors. Furthermore, firms with larger scale, better profitability and growth opportunity, higher combined leverage, and less fixed assets experience less adverse impact of the COVID-19 outbreak than other firms.

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This paper investigates market reaction to the novel corona virus (COVID-19) pandemic. Using a sample of Chinese listed firms, we find that market reaction to the COVID-19 outbreak is more intense in firms within the industries that are vulnerable to the virus, and those with high institutional investors. Furthermore, firms with larger scale, better profitability and growth opportunity, higher combined leverage, and less fixed assets experience less adverse impact of the COVID-19 outbreak than other firms.

Stormwater has been recognised as one of the additional/alternative sources of water to augment freshwater supply and address the growing needs of humankind. South Australia has been a leader in the development of large-scale urban stormwater harvesting schemes in Australia for nearly 50 years and the Salisbury Local Government Area (LGA), in particular, is at the forefront of urban stormwater management and recycling, not only in the state of South Australia, but worldwide. This is mainly due to its pioneering achievements in stormwater capture and treatment through the managed aquifer recharge (MAR) process. However, there are many challenges in implementing water reuse strategies and past studies have identified public health concerns and public acceptance as major challenges. In line with this, our team conducted an internet survey to gauge the attitude and intentions of Salisbury LGA residents to use stormwater treated through the MAR process for non-potable uses. We found that respondents' emotions and perceptions of health risk, regarding the use of treated stormwater, were closely related to the proximity of the end use to human contact. In terms of quality indicators, colour, odour, and salt levels were all seen as being important. Quality preferences were also closely related to the proximity of the end use to human contact, and reflected the use of water for indoor/outdoor purposes.