HONG KONG, June 9 ― Trading in shares for Cathay Pacific ― and its two biggest shareholders Air China and Swire ― was suspended in Hong Kong today ahead of an expected announcement. The suspensions come as Cathay, Hong Kong's flagship carrier, battles a devastating slump in business sparked...
A man walks past a panel displaying figures of China stock indexes and Hang Seng Index at the financial Central district in Hong Kong. — Reuters pic
The suspensions come as Cathay, Hong Kong's flagship carrier, battles a devastating slump in business sparked by the global coronavirus pandemic. Neither Cathay nor the Swire statements to the Hong Kong Stock Exchange gave a reason for the suspension.
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