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Air China ( (HK:0753) ) has provided an update.
Air China’s board has proposed appointing Ronald Lam Siu Por as a non-executive director, subject to shareholder approval at the company’s annual general meeting on 28 May 2026. Lam, currently CEO of Cathay Pacific and chair of Hong Kong Express, brings extensive aviation and management experience from senior roles across the Swire group and prior directorship at Air China Cargo.
According to the company, Lam has no shareholding in Air China and no disclosed relationships with its directors, senior management or major shareholders, and he will serve without remuneration under a service contract aligned with the current board term. The move underscores Air China’s continued alignment with Cathay Pacific and the Swire group, potentially deepening strategic cooperation in the Greater China aviation market while adding seasoned industry oversight to its board.
The most recent analyst rating on (HK:0753) stock is a Sell with a HK$4.10 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.
More about Air China
Air China Limited is a major Chinese airline operating as a joint stock company in the People’s Republic of China, with its shares listed in Hong Kong under stock code 00753. The flag carrier focuses on passenger and cargo air transport services and maintains strategic ties with regional partners, including Cathay Pacific and Air China Cargo, to strengthen its network and market reach.
Average Trading Volume: 35,127,338
Technical Sentiment Signal: Sell
Current Market Cap: HK$132.4B
See more insights into 0753 stock on TipRanks’ Stock Analysis page.