Sorry I don't have access to HK newspapers where I'm at but I do have similar Chinese periodicals - especially the trashy ones tend to exaggerate to increase readership sales. Haven;t you seen the ones that love to show explicit close-ups on roadside accidents with blood and gore?
English newspapers tend to hold back on such unecessary details.
Still - even if CX does revert to Chinese ownership (which I doubt they will do - as it has to be approved by its shareholders), if it still has an excellent inflight crew, service, amenities, ff programme and still be a member of oneworld, CX still has my custom, regardless of who is driving the bus up front.