HKEX's Li apologises after remarks on China and Hong Kong.

All eyes are on Hong Kong’s flag carrier and largest airline, Cathay Pacific (293.HK) as the company’s shares headed for their lowest level in a decade on Monday, extending their slide after the carrier canceled hundreds of flights in the wake of the abrupt closure of Hong Kong’s airport. We regularly review our human resources and remuneration policies in the light of legislation, industry practice, market conditions and the performance of individuals and the Group. CX is listed on the HKEX, and its shareholders include Swire Pacific (also listed on the HKEX), and Air China.CX owns effectively the same percentage of Air China as Air China does of CX.Swire UK is not a shareholder of CX, Swire Pacific (the HKG publicly listed company) is, they are one of the largest companies in HKG with a turnover of over 130 billion. About Swire Pacific Limited Swire Pacific Limited corporate video.

Cathay Pacific will tap government fund to help pay 27,000 employees in HK; From protests to pandemic and US threats over national security law, HK’s battered economy awaits a glimmer of hope; Cathay Pacific’s expanded flight schedules in July still less than 10 per cent of pre-coronavirus levels


Swire Pacific Limited (HKEX: 00019/00087) is a publicly quoted company in Hong Kong, with diversified interests in five operating divisions: Property, Aviation, Beverages, Marine Services and Trading & Industrial.

HKEx Economic G4-DMA Annual Report p.1 – B8: General disclosure Economic Performance EC1 Economics Table – KPI B8.2 EC2 Climate Change – EC3 Annual Report p.78-81 – EC4 Cathay Pacific did not receive significant financial assistance from governments. Cathay Pacific has been “agile in responding to this unprecedented crisis and has remained focused on cash conservation,” the company said in a statement after its filing with the HKEX. The passenger business was adversely affected by social unrest in Hong Kong in the second half. The Non-Airline Business segment includes airline catering, ground handling, and aircraft ramp handling services. Already suffering under the curse of the HK protests, Airline stocks are heading south and now with the Coronavirus and being banned from outbound tours, we are of the opinion that we will see more dark days ahead for Cathay Pacific, among the other airline stocks.
... Cathay Pacific Airways has fired staff and threatened to terminate workers for …


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