Wan Hai continues to build its container fleet with two new orders
Wan Hai Lines has gone to China International Marine Containers (CIMC) and Singamas to buy ...
More intrigue and speculation about China’s “mysterious” HNA Group. Yesterday co-chairman Wang Jian, who held 15% of its shares, fell off a wall while posing for a photograph in France and tragically died. Mr Wang, reports Reuters, was regarded as the driver behind HNA Group’s $50bn acquisition spree. He was in charge of strategy and day-to-day operations. His shares will now pass to a New York charity fund which, together with a China fund, holds 52% of the shares.
Bloomberg asks ‘HNA followers’ what the effect on the company might be.
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