{"id":287821,"date":"2019-08-20T05:47:56","date_gmt":"2019-08-20T05:47:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287821"},"modified":"2019-08-20T05:59:15","modified_gmt":"2019-08-20T05:59:15","slug":"cathay-pacific-shares-in-choppy-trade-after-shock-exit-of-ceo-hogg","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cathay-pacific-shares-in-choppy-trade-after-shock-exit-of-ceo-hogg\/","title":{"rendered":"Cathay Pacific shares in choppy trade after shock exit of CEO Hogg"},"content":{"rendered":"<p>Cathay Pacific shares were choppy in opening trade on Monday after the shock exit of CEO Rupert Hogg, as the airline grapples with mounting Chinese scrutiny over the involvement of some of its staff in anti-government protests in Hong Kong. <\/p>\n<p>Shares rose more than 2 per cent in early trade and later fell by nearly as much, with analysts cautioning that while Hogg&#8217;s resignation, announced on Friday, appeared necessary to placate Beijing, the Hong Kong airline faced a setback to its three-year financial turnaround plan as a result. <\/p>\n<p>Cathay has emerged as the highest-profile corporate target as Beijing looks to quell protests that have gone on for 11 straight weeks in the Chinese-controlled territory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cathay Pacific shares were choppy in opening trade on Monday after the shock exit of CEO Rupert Hogg, as the airline grapples with mounting Chinese scrutiny over the involvement of some of its staff in anti-government protests in Hong Kong. Shares rose more than 2 per cent in early trade and later fell by nearly as much, with analysts cautioning that while Hogg&#8217;s resignation, announced on Friday, appeared necessary to placate Beijing, the Hong Kong airline faced a setback to its three-year financial turnaround plan as a result. Cathay has emerged as the highest-profile corporate target as Beijing looks to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-287821","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287821"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287821\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}