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Hong Kong Disneyland Closure Seen by Analysts as Temporary Setback
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hollywoodreporter.comThe Walt Disney Co. on Monday announced it would again close Hong Kong Disneyland due to a rise in coronavirus cases in China.
The second of the company's theme parks to welcome guests back amid the global pandemic on June 18, Disney said the park would "temporarily close" on Wednesday, with no mention of when it may reopen.
Disney has faced criticism for reopening parks, especially in America, while the virus remains rampant. Still, Florida's Walt Disney World partially reopened Saturday and will be fully reopened on Wednesday.
But as for Hong Kong, as far as some analysts are concerned, Disney closinga park again amid the virus crisis is not necessarily a huge hit to the conglomerate.One veteran Wall Street analyst noted the move was not.
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