Swire Pacific is a Hong Kong based company that owns shares in various companies including a 45% share of Cathay Pacific.
John Swire & Sons is a London based company that owns shares in various companies including a 48% share of Swire Pacific.
This gives London a 21% share of Cathay Pacific. Certainly that buys them influence, but do they get to trump Beijing’s 30% share of the airline? How much say does London have in how a Hong Kong government bailout package is distributed?
I’m not disputing what may have been heard in London, just questioning how influential the participants are.