Hong Kong News

A whole world on a single island
Sunday, Sep 20, 2020

Cathay Pacific averts financial collapse with distress call to tap the HK$4 trillion war chest of Hong Kong’s financial tsar

Cathay Pacific averts financial collapse with distress call to tap the HK$4 trillion war chest of Hong Kong’s financial tsar

The Hong Kong government wanted to dress up the bailout dubbed Project Apollo as a “short-term investment” amid political scrutiny. Bailout size grew during negotiations to restore confidence among creditors and investors in the airline's survival
*Your email address will not be displayed on website
This article does not have any comments yet.
Hong Kong News
×