After falling almost 5%, Cathay Pacific's shares trimmed losses and were down around 1.5% in afternoon trading in Hong Kong.
"Moreover, Air China and Qatar Airways have non-economic political interests given that they are state-owned enterprises", Png said.
Earlier this year it made a bid to buy 10 percent in American Airlines, the United States' largest carrier, but the deal went sour and Qatari officials eventually said that "it no longer met" Qatar Airways' objective.
Kingboard expects to reap an 800 million Hong Kong dollar ($102 million) profit from selling its Cathay stake, the company said in the filing.
Cathay Chief Executive Rupert Hogg said the two carriers already worked closely together and "we look forward to a continued constructive relationship".
Cathay shares dropped around 4.4 percent in early trade but pared losses mid-morning and in the afternoon.
A stake in Cathay will provide Qatar with leverage to tap into the fast-growing Chinese and Asian aviation market, with outbound Chinese tourist numbers increasing by 50% in the three years to 2017 and domestic tourists travelling within China reaching 705m during the Golden Week celebrations in October alone, according to research from the China National Tourism Administration and China Securities Journal.
However, the airline said at the time that it would continue to invest in its frontline capabilities to deliver "high-quality products and services to its customers".
The Hammers board have finally lost patience with the Croat, and he faces the chop during the upcoming worldwide break. The bubbles were still streaming across the London Stadium when Liverpool immediately restored their two-goal lead.
A deconstructed flea-flicker to Curtis Samuel went for 14 yards, while a reverse play was carried by Russell Shepard for 11 yards. Carolina's defense then held Ryan and the offense to four consecutive stops to get the ball back on downs, and sealed the game.
Earlier this year, Blizzard released a remastered version of the original StarCraft with HD visuals and improved online features. You can also purchase any of the campaigns or a seasonal War Chest to gain immediate access to ranked play if you desire.
Against the Patriots on Sunday, Benjamin pulled off what might just be the worst punt return in National Football League history. The Patriots controlled the pace of the game throughout, holding possession for almost 37 minutes and notching 27 first downs.
Wisconsin still has MI and another chance against a Big Ten East powerhouse if it gets back to Indianapolis. Those victories and the close loss to Georgia made the Irish the highest ranked among one-loss teams.
The ministers said: "We urge the US Administration to rescind these duties, which harm workers and communities in Canada". Last night, US commerce department announced final countervailing duties (CVD) on imports of softwood lumber from Canada.
Usefully, Far Cry 5 keeps players together, teleporting one closer to the other if someone wanders too far away. Alternatively, you could also invite a co-op buddy into your game to fight through main story missions with you.
A ballistic missile launched from Yemen was intercepted northeast of Saudi Arabia's capital, Riyadh, according to local media. Passengers at the airport, which British Airways flies direct to from the United Kingdom , said they heard an explosion.
The first developer preview for iOS 11.2 arrived this week, bringing some small but exciting improvements to the operating system. After releasing a few point updates for iOS 11 last month and this month, Apple is now pushing out a more significant release.
The vote is widely being regarded as one of the first major wins for the financial services industry under the new administration. Once she voted in favor of repeal, Pence stepped in to break the tie, approving the repeal measure 51 to 50.
However, after a long pause she added that she was joking and later said that her comments were taken out of context. Kim Kardashian is known for going all out for Halloween , and this year was no different.
In July, members of a White House commission on the drug crisis had recommended that Trump declare a national emergency. Noting it's been three months since Trump said he'd declare a national emergency, Toledo Democratic Rep.
This comes three years after a auto fire that turned fatal after a Kidde fire extinguisher failed to work. It includes models that were previously recalled in March of 2009 and February of 2015, the CPSC said .
But fret not - as holiday sales approach, you can now top up your friend's Steam Wallet by purchasing a digital gift card . Additionally, you can only give Digital Gift Cards to people you have been friends with on Steam for at least three days.
But the Japanese government is facing global pressure to cut down on public smoking before the 2020 Olympics in Tokyo. The rift between smokers and non-smokers about the smoking breaks is very normal in every organisation.
He was traded to the Cleveland Browns in a salary dump for Houston before being cut by the Browns prior to the regular season. Last season with the Houston Texans Osweiler started 14 games and went 8-6 as the starting quarterback.
The four officers rushed out of the school, turning east toward the highway and confronting Saipov on the street. Investigators said they later found a cellphone connected to Saipov that had Islamic State group propaganda.
Although Montana, who was in his thirties at the time of the alleged incident, never saw Spacey again, the memory has lived on . Now 46, Rapp told Buzzfeed: The older I get, and the more I know, I feel very fortunate that something worse didn't happen.
Supreme Court on Monday declined West Bengal counsel's plea challenging Centre's decision to make Aadhar Mandatory. The Centre hinted that those who have Aadhaar will have to link with government welfare schemes by December 2017.
The second track - Raajali Nee Gaali - has some similarities to the first song and it is about the victory of good over evil. Live song performance by music director A.R.Rahman along with his crew has given breathtaking experiences for many.
Part of that was spent recently on Conan O'Brien's Clueless Gamer show while trying out Assassin's Creed: Origins . Wearing a sling and ready to game, Rodgers revealed that the surgery required 13 screws to fix his collarbone.
Meanwhile, the male athlete who was awarded first place offered to give his trophy to Nash, saying she had earned it. The dominant golfer in the Central Massachusetts Division 3 boys' golf tournament earlier this week was not a boy.