BUSINESS Cathay Pacific shares soar more than 18% after bailout

BUSINESS

Cathay Pacific shares soar more than 18% after bailout

AFP

10:13, June 10, 2020

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File photo

Cathay Pacific shares soared more than 18 percent on Wednesday morning, a day after it announced a major government bailout to confront the coronavirus crisis.

The flagship Hong Kong carrier was trading at HK$10.46, up 18.73 percent, in the morning session on the city's stock exchange.



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