|Bid||6.400 x 0|
|Ask||6.420 x 0|
|Day's range||6.400 - 6.850|
|52-week range||4.490 - 7.290|
|Beta (5Y monthly)||1.59|
|PE ratio (TTM)||12.25|
|Forward dividend & yield||0.05 (0.70%)|
|Ex-dividend date||04 Jun 2020|
|1y target est||7.10|
China will suspend UK flights as the UK bans flights to and from South Africa amid fears of two new strains of the coronavirus.
Hong Kong will lead a $5 billion (£4 billion) rescue of Cathay Pacific Airways <0293.HK>, which like other airlines has been hit by a global travel slump triggered by the coronavirus pandemic. The government's involvement in the recapitalisation follows the double blows of Hong Kong's political unrest and the coronavirus outbreak, which Cathay said meant it was burning through about HK$3 billion (£306 million) a month in cash. Cathay has grounded most of its planes, flying only cargo and a skeleton passenger network to major destinations such as Beijing, Los Angeles, Sydney and Tokyo.
Market forces rained on the parade of Air China Limited (HKG:753) shareholders today, when the analysts downgraded...