HNA’s chief executive to skip 2018 Davos meeting amid staff memo urging for austerity

The chief executive officer of HNA Group Co., the Chinese conglomerate that’s under scrutiny because of its debt-fuelled acquisition spree and ballooning financing costs, has cancelled plans to attend next week’s World Economic Forum’s annual meeting, people familiar with the matter said.

 

Read more: http://www.scmp.com/business/companies/article/2129678/hnas-chief-executive-skip-2018-davos-meeting-amid-staff-memo

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