Chinese Equity Analyst Says He Faced “Heavy Pressure” To Cut Rating On Cathay Pacific
Doing business in the Ultimate Crony Capitalist State is perilous. Particularly when analyzing a company based in Hong Kong that has resisted Beijing.
This guy’s lucky that all he got was “pressured”.
(From Zerohedge)
More than any other company, Cathay Pacific Airlines has gotten caught up in anti-extradition bill protests that have rocked Hong Kong all summer, with the company’s CEO leaving last week under pressure from Beijing.
And now, one equity analyst at a Chinese banking giant admitted to Bloomberg that he faced “heavy pressure” to cut his rating of Cathay to a “strong sell” – making him the only analyst tracked by Bloomberg who has a ‘sell’ rating on Cathay.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2019/08/chinese-equity-analyst-says-he-faced-heavy-pressure-to-cut-rating-on-cathay-pacific/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).