How China's Acquisitive HNA Group Fell From Favor -2-
An exiled Chinese real-estate tycoon, Guo Wengui, has publicly alleged that HNA's shareholders may include individuals connected with Communist Party leaders -- potentially a sign of corruption or favoritism, he has said. HNA denies shareholders include people connected to party leaders. It filed a lawsuit in New York state court alleging Mr. Guo has made "repeatedly false and defamatory statements." At the time, in response Mr. Guo said he welcomed a legal battle with HNA.
via FOX BUSINESS NEWS