Cathay shares fall more than 2% after chairman resigns

FAN Editor
Workers service Cathay Pacific flight at Hong Kong International Airport
Workers service a Cathay Pacific flight at Hong Kong International Airport, China September 3, 2019. REUTERS/Amr Abdallah Dalsh

September 5, 2019

HONG KONG (Reuters) – Shares in Cathay Pacific Airways Ltd <0293.HK> fell more than 2% in early trade on Thursday following the resignation of its chairman after the market closed on Wednesday.

The departure of John Slosar was announced less than three weeks after mounting Chinese regulatory scrutiny led to the shock exit of its chief executive, Rupert Hogg.

(Reporting by Donny Kwok, writing by Jamie Freed, editing by Richard Pullin)

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