None of the objections I am aware of for Jetstar Hong Kong actually raised the ownership/control structure as an issue
My (brief) scan of the decision summary AIR TRANSPORT LICENSING AUTHORITY decision suggests these are actually key criteria.
ATLA Decision Regarding Licence Application of Jetstar Hong Kong Airways Limited
Full Written Decision (PDF File)
Summary of Decision (PDF File)
Have a look at the summary, point 6 (page 3).