After some initial difficulty, Chinese LCCs are making progress with securing new investors and subsequent IPOs. Hong Kong-based long-haul carrier Oasis Hong Kong Airlines plans to sell a 20% stake to a new investor by October, Chairman Li Zhuomin confirmed this week to the local Ta Kung Pao newspaper. In addition, privately run Shenzhen Airlines revealed its plan to sell a 20% share worth approximately $200 million to a single investor, with Deutsche Bank and several hedge funds, including ...

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