Hong Kong 188bet mobile login (hereinafter referred to as 188bet mobile login), which just emerged from a "loss of HK.6 billion" at the beginning of the year，In recent months, it has slipped into the storm of public opinion about "chaos in Hong Kong"，The stock price has fallen sharply this year by 22% since its high point.81%。Noted by South China Morning Post on September 9，There are rumors that Air China Co., Ltd. (hereinafter referred to as: Air China) wants to acquire 188bet mobile login，Squeeze out 188bet mobile login’s current British majority shareholder Swire Group，Add “Control”。

To this， Air China independent non-executive director Xu Hanzhong responded in an interview with the newspaper: "impossible"，Air China has no agenda to acquire 188bet mobile login yet。

"impossible"

Xu Hanzhong said，Any behavior that changes the shareholding ratio of Air 188bet mobile login，It will send the wrong signal to foreign investors。

“I strongly believe it，Although mainland companies are now participating in different forms (into 188bet mobile login’s economy)，But this is not meant to replace anyone。"Xu Hanzhong emphasized，"As far as I know，I don’t think it’s on the agenda。Impossible。”

According to the official website of Air China，Hui Hanzhong joined 188bet mobile login in 1975 and held various management positions in Hong Kong and overseas，Served as General Manager of Planning and International Affairs of Cathay Dragon from 1990 to 1992，Served as Chief Representative of Swire (China) in Beijing in 1992。February 2007 to July 2014，Hui Hon-chung appointed as Chief Executive Officer of Airport Authority Hong Kong。

Xu Hanzhong is currently a member of the 13th National Committee of the Chinese People’s Political Consultative Conference、Member of the Board of Directors of the 188bet mobile login General Chamber of Commerce，Appointed as Justice of the Peace by the Chief Executive of the 188bet mobile login SAR in July 2006。

Air China’s equity layout in 188bet mobile login，Dating back to 2006。188bet mobile login back then、The equity transaction plan between Air China and Hong Kong Dragonair has been finalized。Dragonair will become a wholly-owned subsidiary of 188bet mobile login，Air China and 188bet mobile login have become each other’s second largest shareholders through cross-shareholdings。

After the three-party equity reorganization，Currently Swire Group currently owns 45% of 188bet mobile login，is the largest shareholder of the latter。Air China holds 29% of 188bet mobile login shares.99% - and this shareholding ratio is restricted。188bet mobile login owns Air China 18.13% shares。

Discovered by Observer Network，Cathay disclosed the 2006 agreement between Cathay and Air China shareholders in January 2018。It specifies the upper limit of shareholding of Air China and Swire Group in 188bet mobile login，And mark both parties only if the other party agrees，In order to exceed this limit。

In addition, it is in accordance with the provisions of the 188bet mobile login Code on Corporate Takeovers and Mergers and the Takeovers Code，When existing shareholders hold less than 30% of the shares，And subsequently increase the shareholding to 30% or above，The notification of shareholders’ comprehensive takeover offer to the company will be triggered immediately。

In short，Once Air China increases its shareholding in 188bet mobile login，Even 0.01%，We will propose a mandatory comprehensive acquisition agreement to 188bet mobile login。

Air 188bet mobile login responded to this issue of shareholding restrictions in March 2018。Zhou Feng, then Secretary of the Board of Directors of Air 188bet mobile login, said in an interview with 188bet mobile login Business News，“We currently have no intention of breaking this boundary，At least there is no such consideration now。”

The State Council just launched 11 measures to open up the financial industry in July this year。According to Xinhuanet，People in the financial sector in Hong Kong think，These measures can bring a win-win situation to the financial markets in mainland 188bet mobile login and overseas，further explore the Chinese market for overseas financial institutions，Sharing the dividends of 188bet mobile login’s economic development creates favorable conditions。Hong Kong serves as an international financial center and an important "bridge" for the country's two-way opening up，The "test field" role in the country's financial opening will be more prominent，Hong Kong financial institutions and talents look forward to better integrating into the overall development of the country。

Has plunged 22.81% 188bet mobile login year since the high

In recent years，188bet mobile login under the control of Swire is in constant turmoil。Since 2008，188bet mobile login executives repeatedly conducted fuel hedging operations under incorrect judgment，The company suffered losses of up to HK.6 billion (approximately HK2 in 5 years.6.7 billion yuan) - This is 188bet mobile login’s worst consecutive loss since its establishment in 1946。

188bet mobile login is also in 2017，Once kicked out of the blue chip team by the Hang Seng Index。

188bet mobile login then began a three-year major restructuring plan，Customer involved、Operation、Business and talent management and many other aspects，Restructure、Redefine the scope of responsibilities, etc.。

Reorganization effect is significant。March this year，188bet mobile login releases 2018 annual results report，Last year’s annual operating income was 1110.600 million Hong Kong dollars (approximately 1009.3.9 billion RMB)，14 year-on-year increase.2%，Profit reached 23.4.5 billion Hong Kong dollars (approximately 21.3.1 billion RMB)，This achievement is compared to the loss of 5 in 2016.HKD 7.5 billion and loss in 201712.HK.9 billion，This old airline finally turned a profit。

However, 188bet mobile login has recently been caught in the storm of public opinion about "chaos in Hong Kong"，There have been multiple instances of 188bet mobile login employees being (or suspected of being) involved in causing riots。According to Observer.com, the following is the summary:

July 26，The 188bet mobile login Cabin Crew Association incited demonstrations inside the Hong Kong Airport terminal。

July 28，188bet mobile login First Officer Liao Songxian participated in the Sheung Wan riot and was arrested，But after being released on bail, 188bet mobile login still allowed him to fly。

August 7，Many netizens broke the news，188bet mobile login employees privately leaked flight itinerary information of Hong Kong police officers online，Trying to let others harass the police。

August 27，Oxygen bottles on two 188bet mobile login passenger planes parked at Toronto Airport were vented。

August 30，Another 188bet mobile login plane’s oxygen tank was vented。

Because it was revealed that some employees were involved in violent incidents，And malicious leakage of passenger information，188bet mobile login was warned by the Civil Aviation Administration of China on August 9。 September 5，188bet mobile login Chairman Slosan also announced his resignation，And frankly admitted that 188bet mobile login has recently encountered "the most extraordinary and challenging period"。

Market，188bet mobile login Airways share price has been high since April this year (13.92 Hong Kong dollars/share) plunged 22.81%。

*Source of 188bet mobile login article: Observer.com, Author:Xu Qianang, original title: "Air China’s independent director denies the rumors of “acquisition of 188bet mobile login”: it is not on the agenda》