March 10, 2020
Hong Kong Airlines is reportedly in talks with parties including Air China for a strategic lifeline and to commence due diligence on the carrier (South China Morning Post, 09-Mar-2020). A consortium led by Citic Group and Wuxi Communications Industry Group broke down due to a disagreement on pricing.
https://blueswandaily.com/air-china-among-those-in-talks-to-acquire-hong-kong-airlines/