Hong Kong businessman and poker player Stanley Choi backs AirAsia’s recovery from Covid-19 crisis with HK$400 million investment

Hong Kong businessman and poker player Stanley Choi Chiu-fai has backed AirAsia Group to be a front runner in the airline industry’s recovery from the Covid-19 crisis by investing HK$400 million (US$55.6 million) in the low-cost carrier.The merger and acquisitions specialist, who is also a professional gambler, upped his stake in the firm behind Southeast Asia’s largest budget carrier to last week become its third largest shareholder.“The airline industry has experienced a tough time over the…Read More