HK$30 billion bailout for Cathay Pacific is necessary, Hong Kong government says | South China Morning Post

Hong Kong’s financial secretary Paul Chan said on June 9, 2020 that the government’s HK$30 billion bailout of Cathay Pacific is necessary to protect the city’s economic interest. The government has said it will not get involved in Cathay Pacific’s daily operations or management after it offered a bailout package wor…

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