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HKG:0753 News 8 January 2026

Air China cashes out $170 million Cathay Pacific stake as a Qatar buyback reshapes the shareholder map

Air China cashes out $170 million Cathay Pacific stake as a Qatar buyback reshapes the shareholder map

HONG KONG, Jan 8, 2026, 21:29 HKT Air China is selling 108.1 million shares in Cathay Pacific Airways, trimming a small slice of its holding in the Hong Kong carrier in a deal worth HK$1.32 billion ($170 million). Cathay Chief Executive Ronald Lam said the move was “only tactical” and that Air China would remain a long-term strategic shareholder. Reuters…
8 January 2026
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Stock Market Today

  • Sugar Prices Dip on Expectations of Global Surpluses and Increased Production
    January 30, 2026, 12:40 AM EST. Sugar prices fell, with March New York sugar hitting a 1.5-week low and London sugar a 2.5-month low amid forecasts of a global surplus. Analysts predict a 2.74 million metric ton global sugar surplus for 2025/26, driven by rising output. Brazil's 2025-26 sugar production is estimated to increase, topping 45 million metric tons, while India's output is up 22% year-on-year through mid-January. India may raise sugar exports after cutting ethanol production estimates, potentially easing its domestic surplus. Despite the current surplus outlook, production cuts in Brazil for 2026/27 could limit future supply. The International Sugar Organization projects a smaller surplus in 2025-26 following a previous deficit, reflecting an uncertain market direction.
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