China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
HNA, JD.Com Suffer Huge Paper Losses After Tuniu Share Crash
Aggregated Source: China Money Network
travel copy 3Chinese conglomerate HNA Group and e-commerce giant JD.com Inc. have suffered huge paper losses worth nearly US$400 million combined after shares prices of their business partner travel service provider Tuniu Corporation plummeted. NASDAQ-listed Tuniu saw its shares drop to US$9.70 per American Depositary Share (ADS) yesterday from a peak of US$16.91 last December, as China's […]


Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network