Originally Posted by
fire wall
Highly unlikely unless there is something else motivating the sale other than price.
Swire and Air China currently hold 74.9 % of the shares. Qatar 9.64% and some other institutional shareholder 3 odd % (from memory). That leaves 12 % that are “liquid”.
I think you are wrong as only a pilot would buy high and sell low !
You have to bear in mind that CX is only a small portion of the Swire empire. A useful entity perhaps to move things and capital — perhaps potentially even launder stuff that needs laundering — but a tiny bit of a much larger picture.
It’s that larger picture that counts. CX being one of several pawns.
I have no doubt that if that pawn were to become problematic for other rooks or bishops it’d be tossed aside pretty quickly.
But it’s tough to figure out how this whole thing goes. Could be a flash in the pan; could be an excuse for a radical intervention and change.