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Stock impact report

Hong Kong airport grinds to a halt as protests swell [Reuters (UK)]

CATHAY PAC AIRWAYS S/ADR (CPCAY) 
Company Research Source: Reuters
Hong Kong airport grinds to a halt as protests swell - Reuters 5 Min Read HONG KONG (Reuters) - Hong Kong’s airport cancelled all flights on Monday, with authorities blaming demonstrators for the disruption of one of the world’s busiest terminals, a dramatic escalation of anti-government protests that have roiled the Asian financial hub. At the same time a Chinese official in Beijing warned signs of “terrorism” were emerging. China’s People’s Armed Police also assembled in the neighbouring city of Shenzhen for exercises, the state-backed Global Times newspaper said. Both moves lift the stakes sharply after a weekend of skirmishes between police and activists, in which both sides appeared to boost their resolve with new tactics. Some of the 5,000 activists occupying the airport’s arrivals hall for a fourth day went to the departure area and caused disruptions, Hong Kong police told a news conference, but declined to say if they would move to clear the demonstrators. Traffic to and from Show less Read more
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