China Southern Air Holding Co., parent of China Southern Airlines, announced its intention to launch a reform next month of the company's split-share structure, which comprises noncirculating and publicly traded shares. But it must overcome significant hurdles if it is to match Air China and China Eastern Airlines, which completed similar reforms at the end of 2006. The intention is to turn the state-owned noncirculating shares into circulating shares. China Southern said its A shares ...

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