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Cathay Pacific debuts on Hong Kong Stock Exchange with record turnover

Cathay Pacific Airways made its debut on the Hong Kong Stock Exchange on May 15, 1986, generating significant trading volume. The airline's shares accounted for $446 million in turnover, surpassing all other stocks traded that day. The closing price of $5.15 represented a 33% increase over its initial offer price of $3.88, a rise that had been anticipated by market observers. AI

排序理由 This cluster reports on a significant financial event for a major company, specifically its debut on a stock exchange with substantial trading volume. [lever_c_demoted from significant: ic=1 ai=0.0]

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Cathay Pacific debuts on Hong Kong Stock Exchange with record turnover

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  1. SCMP — Tech TIER_1 English(EN) · SCMP ·

    Cathay Pacific debuts on Hong Kong Stock Exchange in 1986 – SCMP archive

    Turnover soars as Cathay takes off By Jerry Norton This article was first published on May 16, 1986 Cathay Pacific Airways had a memorable take-off in the stock market yesterday, accounting for a massive $446 million worth of turnover, more than the combined value of all other sh…