https://sg.finance.yahoo.com/news/cathay-pacific-cut-6-000-092620228.html
Many HK pilots and aircrews would be fired and things wouldn't be this bad if there were no protests in 2018-2019.
The HK bankruptcies also started to creep up above its mean after 2018 because of the anemic GDP growth caused by the HK riots and covid outbreak.
Many rioters are regretting their actions now because they've sparked the economic downfall and they're experiencing severe economic repercussions.
Furthermore, China has given Shenzhen more autonomy to develop its own economy to supersede HK.
I believe the HK rioters have gotten what they've asked for. Hahaha!
2 comments:
https://www.channelnewsasia.com/news/business/hong-kong-unemployment-rate-16-year-high-13321074
https://sg.news.yahoo.com/cathay-pacific-job-cuts-hit-065919621.html
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