Hong Kong Dollars and Hong Kong Stock Exchange

Hong Kong Stock Exchange: That is nearly 15 times more than the 24m Hong Kong dollars the airline earned in the same period last year. , according to BBC. In a filing to the Hong Kong Stock Exchange , Chairman John Slosar said: "We face significant competition in our passenger business. This makes it difficult to maintain yields. The air cargo business remains problematic because of excess capacity. Intense competition similarly puts pressure on yield." For the six months to June, net profit rose to 347m Hong Kong dollars $45m; 27m . However Cathay s chairman warned that the environment for both the group and the industry "remains challenging". (news.financializer.com). As reported in the news.