HONG KONG: BEFORE THE OPEN, 16May2013

Tencent brought the goods last night with Q1 earnings, HSBC axing more bankers, Cathay traffic figures continue downward, and Timmy Tong might have some more mates in his jail cell. Here’s what you need to know before the open.

wechat2

Read more of this post

Cathay down in the dumps… Q1 passenger traffic and air cargo down YoY

cathay

Passenger traffic fell 2.6% YoY

Air Cargo hauled fell 0.6% YoY

Hong Kong Exchange

Cathay CEO: H7N9 negatively affected Q1 bookings

bird-flu-1

 

On.cc