HNA’s key decision-making body leaves out Chen Feng’s name, signalling founder’s exit from China’s biggest asset buyer

Posted By : Telegraf
1 Min Read

[ad_1]


Chen Feng, the founder of China’s largest private airline, has been excluded from the key decision-making body of the HNA Group, in a dramatic development that signals his loss of control of one of the country’s largest conglomerates over five short years.The name of the entrepreneur, who turns 68 this year, was missing from a list of nine members of HNA Group’s Communist Party committee, the major decision-making body akin to the board of directors in the aviation-to-property conglomerate,…

[ad_2]

Source link

Read More:  How China is tackling fintech risk and regulation
Share This Article
Leave a comment