HK's Swire Properties hits 1-1/2-yr low after parent firm Swire Pacific drops

Swire Properties

12/08/2019 09:09

** Shares in Swire Properties  1972.HK  fall as much as
6.9%, their lowest since Jan 2, 2018
    ** Swire Properties stock tracks losses in parent Swire
Pacific Ltd  0019.HK  and sister company Cathay Pacific Airways
 0293.HK 
    ** China's aviation regulator on Friday demanded the Hong
Kong flagship carrier suspend personnel who have engaged in and
supported illegal protests in Hong Kong from staffing flights
into its airspace, citing safety concerns  urn:newsml:reuters.com:*:nL4N25608B
    ** Swire Properties, the property arm of conglomerate Swire
Pacific, said last week in interim statement the protests in
Hong Kong have had some effect on retail sales at its malls,
particularly at Pacific Place  urn:newsml:reuters.com:*:nL4N2542WV
    ** China's state-run paper Global Times criticizes another
Hong Kong mall, Habour City owned by Wharf Real Estate
Investment Company  1997.HK , for banning police from entering
to arrest protesters. Pacific Place also faced the same ban
    ** Hang Seng Index  .HSI  falls 0.1%


 ((Reuters Messaging: clare.jim.thomsonreuters.com@reuters.net))