HNA Mystery Man Gives Away a Fortune and Raises Fresh Questions
Of the considerable number of secrets encompassing HNA Group Co., one of China's most greedy organizations, the 29 percent stake held by Guan Jun has been among the most bewildering. How did a little-known Chinese speculator turn into the greatest investor in a sprawling worldwide combination with $150 billion of advantages and significant stakes in Hilton Worldwide Holdings Inc. what's more, Deutsche Bank AG? This week, HNA watchers at long last found a few solutions. Yet, what they learned has brought up crisp issues about the organization's administration and possession structure when it's confronting increased administrative examination in the U.S. furthermore, China. Incidentally Guan never planned to hold control of the stake that HNA had ascribed to him in corporate filings before the end of last year. He was holding it in the interest of HNA officials, individuals acquainted with the issue told Bloomberg on Tuesday. This year, Guan circulated the whole pos...