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Re: pennypauly post# 2490

Tuesday, 02/09/2021 4:57:02 PM

Tuesday, February 09, 2021 4:57:02 PM

Post# of 2607
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.


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