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"Hong Kong stocks pared a third weekly advance amid signs a world-beating rally was growing tired. Sands China Ltd. and Swire Pacific Ltd. slumped after analysts downgraded their shares, while Cathay Pacific Airways Ltd. headed for its biggest weekly loss in a year.", www.bloomberg.com
"Cathay Pacific Airways Ltd. shares are poised for their steepest weekly drop in 12 months after the Hong Kong carrier posted an 82 percent plunge in first-half net income to HK$353 million ($46 million) -- just a third of what analysts estimated. Cathay faces pressure on passenger yields and slower premium travel demand. Singapore Airlines Ltd., which has voiced similar concerns, is little changed on the week.", www.bloomberg.com
"Swire Properties says Hong Kong’s retail market shows no signs of a major turnaround as the owner of The Mall at Pacific Place and Cityplaza in Quarry Bay reported a 9.6 per cent year on year fall in core earnings for the first half this year....", www.scmp.com