“Swire Pacific is deeply involved by the continuing violence and disruption impacting Hong Kong,” the corporate stated in a press release, providing its full help for Hong Kong Chief Govt Carrie Lam and the town’s police “of their efforts to revive regulation and order.”
The assertion got here as a whole lot of protestors crowded into Hong Kong’s worldwide airport, disrupting flights for the second day in a row.
Cathay has canceled greater than 270 flights over the past two days. Shares within the service have fallen practically 14% this month.
Property tycoon: Time to “suppose deeply”
“It is time to suppose it over,” Woo stated in a press release Monday. “Opposition to the extradition invoice was the ‘large tree’ of this motion. However this one, large attraction was accepted by the federal government on July 9. So the tree has already fallen.” Some individuals are utilizing the problem to “purposely fire up hassle,” he added.
Why Hong Kong is protesting
Hong Kong’s protest motion kicked off in earnest in June. It was sparked by the extradition invoice, which many feared might be utilized by Beijing to crush dissent.
Since then, the demonstrations have expanded into one thing greater. Protestors are actually demanding higher democracy and an inquiry into alleged police brutality. The protest motion — now getting into its 11th week — has seen protesters and police conflict quite a few occasions.
Laura He contributed to this report.