tirsdag 25. april 2017

How did a small Chinese airline become the king of acquisitions? Chinese media wonder – and then suddenly don’t

Chinese media reports questioning the ownership and funding of big-spending conglomerate HNA Group were pulled suddenly after publication from mainland websites and social media on Monday. One of the missing reports, by The Beijing News, questioned how HNA, Hainan Airlines Group, was able to evolve from a regional carrier into one of the biggest business empires in the country, paying eye-popping prices for Hong Kong property and snapping up assets around the globe. Read more