20150623-DAIWA-中国飞机租赁(1848):NEGATIVE_ON_MANAGEMENT_CHANGE,WAIT_FOR_RERATING_CATALYST-020104

$中国飞机租赁(hk01848)$
China Aircraft Leasing Group(CALC)held a conference on 19 June to provide details on the alleged bribery investigation related to Mr. Mike Poon(CEO and Executive Director)and China Southern Airlines(1055 HK,HKD8.68,Hold [3]).CALC also announced that Mr. Mike Poon resigned and would be replaced as CEO by Mr.Chen Shuang,the Chairman and a Nonexecutive Director.CFO Dr.TT Yu also resigned and was replaced by Mr.Barry Mok.We consider the resignation of the CEO to be a shortterm negative,while we are neutral on the change in CFO.
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*声明:文章为作者独立观点,不代表格隆汇立场

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