News Article(permalink)
Shares in Hong Kong's marquee carrier Cathay Pacific plunged on Thursday after the struggling airline unveiled a $6.7-billion ($870-million) bond sale to try to stem its rampant cash burn. Cathay's shares were trading as much as 8.4 percent down, days after it warned new quarantine measures planned for passenger and cargo crew arriving in Hong Kong would further dent its finances. jta/jah
Author:
Factors
Political Leaning
Emotion
Sentiment
Date published
2021-01-28

