Jan 28, 2021 SOURCE: AFP
Cathay Pacific shares plunge 8% in Hong Kong over finance woes
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...
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