|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||4.0800 - 4.0800|
|52-week range||3.7400 - 5.1000|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.50 (12.69%)|
|Ex-dividend date||12 Aug 2020|
|1y target est||N/A|
Hong Kong will soon feel the negative effects of tougher COVID-19 quarantine curbs on air crew, with cargo traffic and the supply of goods into the city set to drop, Chief Executive Carrie Lam said on Wednesday. Hong Kong's first transmission of the Omicron variant of the coronavirus was detected at the end of last year after three months of zero infections in the community, prompting authorities to tighten quarantine measures, including on air crew, and reintroduce wide-ranging restrictions on social life. Authorities said the outbreak could be traced back to two air crew members of Cathay Pacific Airways who broke self-isolation rules.
Hong Kong's flagship carrier Cathay Pacific Airways said on Thursday it will cut more passenger flights and operate a reduced cargo capacity after the city tightened restrictions fearing a fifth wave of the COVID-19 pandemic. The airline will operate about 20% of its pre-pandemic cargo capacity and around 2% of its pre-pandemic passenger flight capacity in January, it said in an emailed statement. Hong Kong on Tuesday announced a two-week ban on incoming flights from eight countries, including the United States and Britain.
Hong Kong flagship carrier Cathay Pacific Airways said on Saturday two of its aircrew whom have tested positive for the Omicron variant were sacked for breaching medical surveillance regulations. Cathay said five of its aircrew had tested positive following their return to Hong Kong from duty, and investigation into the cases had indicated a serious breach of protocols by some of those individuals.