Hifood Group slumps 11 pct, leading slide in shares of HNA's HK-listed units
05/07/2018 04:47
HONG KONG, July 5 (Reuters) - Shares of jewellery maker
Hifood Group Holdings 0442.HK , an indirect unit of HNA Group,
fell 11 percent on Thursday to all-time lows, leading the slide
in Hong Kong-listed stocks related to HNA whose co-chairman died
in an accident two days ago.
The aviation-to-financial services conglomerate's
Co-Chairman Wang Jian died during a business trip in France on
July 3 in what local police said appeared to be an accidental
fall from a wall while posing for a photograph. urn:newsml:reuters.com:*:nL4N1U030R
HNA Group's HNAIRC.UL logistics service unit CWT
International Ltd 0521.HK dropped 5.5 percent to the lowest
since April last year, Hong Kong International Construction
Investment Management Group 0687.HK slid 3.7 percent, and HNA
Technology 2086.HK was down 2.4 percent.
(Reporting by Donny Kwok; Editing by Muralikumar Anantharaman)
((donny.kwok@thomsonreuters.com; +852 2843 6470; Reuters
Messaging: donny.kwok.reuters.com@reuters.net))