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Tuesday, February 09, 2021 4:57:02 PM
This looks really interesting. CCIHY already has a Hong Kong sub with the UK sub structured under it. The present Hong Kong sub also has 99% ownership of the Xin Run sub (basically the Sino-Foregin JV).
I wonder if this is action to potentially shift the UK sub out from underneath the present Hong Kong sub, thereby keeping the Sino-Foreign JV in it's own separate sub. This looks like it would allow a much cleaner entry for a C0 (Baishan) into the UK sub. Both the UK and North American subs would be there own seperate subs at that point.
Just a thought/speculation.
I wonder if this is action to potentially shift the UK sub out from underneath the present Hong Kong sub, thereby keeping the Sino-Foreign JV in it's own separate sub. This looks like it would allow a much cleaner entry for a C0 (Baishan) into the UK sub. Both the UK and North American subs would be there own seperate subs at that point.
Just a thought/speculation.
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