2. Significant events in the reporting period
In early January 2020, China announced that a novel coronavirus had been detected in several patients. What was initially a local outbreak turned relatively quickly into an international pandemic. The coronavirus pandemic had a significant impact on HHLA’s financial performance in the first half of the financial year. It has not, however, resulted in any material effects on the recognition or measurement of the Group’s assets and liabilities as of 30 June 2020.
There were no other particular events during the period under review that had an impact on the Group’s earnings, net assets and financial position.