CT takes a look at Cathay Pacific’s 2017 annual report to see how its treasury is dealing with its fuel hedging strategy and how new accounting practices affect the airline.
Corporate treasurers in Hong Kong will watch pricing closely following the Moody's downgrades, though the wider outlook for local corporates is likely to remain robust.
The Chinese conglomerate's over-arching ambition finally gets the better of its board – and its financial officers may have been powerless to halt the slide.