Hong Kong protests take a toll as companies flag impact

  • 📰 Reuters
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Cathay Pacific Airways Ltd and the owner of Hong Kong's luxury Pe...

) and the owner of Hong Kong’s luxury Peninsula hotel became the latest companies to highlight the impact of recent protests on their business, as an escalating cycle of violence clouds the outlook for the city.

Hong Kong’s flagship airline, Cathay Pacific, said on Wednesday the protests reduced inbound passenger traffic in July and travelers were weighing on forward bookings, as it reported it swung to a half-year profit. The Hongkong and Shanghai Hotels Ltd , owner of the opulent Peninsula hotel in the bustling shopping district of Tsim Sha Tsui, said it too was worried about the impact of the protests on tourist arrivals as well as the broader economy.

What started as an angry response to a now-suspended extradition bill, which would have allowed people to be sent to mainland China for trial, now includes demands for greater democracy and the resignation of Hong Kong leader Carrie Lam.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Time for swift action from the mainland. The hooligans have had their 15 minutes of 'shame'. The world is not ready for Libya or Syria in China🇨🇳. Stability is more important than puppetry democracy!!!

Trump hatred fueled by fake news is no way near what it needs to be to get lib/dem/progressives out into the streets by the millions. Either they don't really believe the press or they're just plain lazy.

It's a little too much. It's a loan from the shit boss, haha

Tank Man 5th June 1989 - Tank Man Agust 2019

Canada Canada Latest News, Canada Canada Headlines