Podcasts about hna group

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Best podcasts about hna group

Latest podcast episodes about hna group

Patrick Boyle On Finance
Evergrande and Kaisa Default!

Patrick Boyle On Finance

Play Episode Listen Later Dec 9, 2021 13:00 Transcription Available


Link for next suggested piece: Chinese State Owned Developers Rescue Local Governments! - YouTubeInvestors are waiting for news about tens of millions of dollars of overdue interest payments owed by Chinese Property Developers Evergrande and Kaisa. The firms both appear to be overdue on payments to bond holders. Evergrande's shares closed at a new record low on Wednesday after falling by 5.5% in Hong Kong trade.If, Evergrande did fail to make these payments on time, the stage could be set for a massive default by the world's most indebted property developer. It could trigger "cross default" on Evergrande's roughly $19bn of international bonds, putting it at risk of becoming China's biggest defaulter.A cross default is a provision in a bond or loan agreement that puts a borrower in default if they default on another obligation. Fears about Evergrande's future and the impact of its potential collapse have been looming over the world's second-largest economy for months.There are some precedents for what is going on in this situation. The Chinese government has taken control of other heavily indebted companies through similar mechanisms in recent years, the best example being HNA Group, which was effectively taken over by local government officials early last year. HNA's insolvency is the biggest bankruptcy that China has seen since introducing its first bankruptcy law in 2007. A bankruptcy of this size is to a certain extent uncharted territory as less than 100 listed companies have ever gone through bankruptcy proceedings in China.Additionally, trading in shares of embattled property developer Kaisa was suspended in Hong Kong. In an announcement to the Hong Kong Stock Exchange Kaisa did not give a reason for the halt in trading. However, it came after reports that Kaisa was unlikely to be able to meet a $400m offshore debt deadline on Tuesday.Kaisa is China's biggest holder of offshore debt among developers after Evergrande.Patrick's Books:Statistics For The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvC Patreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePatrick Boyle On YouTube Support the show (https://www.patreon.com/PatrickBoyleOnFinance)

AvTalk - Aviation Podcast
AvTalk Episode 131: When pigs… stand next to a runway?

AvTalk - Aviation Podcast

Play Episode Listen Later Oct 1, 2021 43:21


On this episode of AvTalk, we're back at our desks, HNA is going to combine all its airlines, eVTOL orders to be interested in, and pigs!—but not the flying kind. HNA Group to merge its airline portfolio HNA Group will merge up to 10 of the carriers in its portfolio with flagship Hainan Airlines as … The post AvTalk Episode 131: When pigs… stand next to a runway? appeared first on Flightradar24 Blog.

TPD Podcast
Back for The Future EP83 - เบื้องหลังการถูกจับของผู้บริหาร HNA Group

TPD Podcast

Play Episode Listen Later Sep 28, 2021 36:55


- ในระยะเวลาเกือบ 10 ปีที่ผ่านมา HNA เป็นหนึ่งในแนวหน้าของกลุ่มธุรกิจที่ประสบความสำเร็จอย่างสูง และเป็น 1 ใน 4 บริษัทขนาดใหญ่ ที่สามารถขยายตัวไปซื้อธุรกิจในระดับโลก - อะไรเกิดขึ้นกับกลุ่มธุรกิจนี้ จนทำให้ผู้บริหารฆ่าตัวตายไปเมื่อ 3 ปีที่ผ่านมา และในปีนี้ ก็ประสบปัญหาจนผู้บริหารบริษัทถูกจับกุมตัวโดยทางการจีน

hna hna group
Tony Katz + The Morning News
HNA Group Detained in China

Tony Katz + The Morning News

Play Episode Listen Later Sep 27, 2021 5:49


See omnystudio.com/listener for privacy information.

china detained hna group
Vastiny News
CX Daily: HNA Group’s Final Crisis

Vastiny News

Play Episode Listen Later Feb 22, 2021


China mulls easing capital controls on citizens' offshore investments. Credit Suisse intends to take full control of its China venture. Xiaomi rebuffs the rumors that it wants to make smart cars. Who will be the successor to a powerful businesswoman? Plus, China's former central bank chief shares his thoughts on the country's digital currency system.

Dongfang Hour - the Chinese Aerospace & Technology Podcast
Aero & Space Weekly News Round-Up - Ep.18 (25th - 31st Jan. 2021)

Dongfang Hour - the Chinese Aerospace & Technology Podcast

Play Episode Listen Later Feb 2, 2021 29:15


Hello and welcome to another episode of the Dongfang Hour China Aero/Space News Roundup! Without further ado, the news update from the week of 25 - 31 January. 1) News of Geely’s satellite constellation (and Qingdao Shanghe Aerospace Technology)According to media reports, the Qingdao SCO Demonstration Zone officially kicked off the Qingdao Aerospace Science & Tech New Industry Project, which is a huge construction project over a land area of over 20,000 m2 and will host the Qingdao Shanghe Aerospace Technology Company.Qingdao Shanghe was founded in August 2020, and is 100% owned by Geespace, a subsidiary of Geely Group based in Zhejiang and that has invested massively in satellite manufacturing. Qingdao Shanghe was registered with an initial capital of 100 million RMB. This seems like a sign of Geely's determination regarding its comms/satnav constellation project in LEO, announced in 2020. While Geely's satellite manufacturing plans have been moving forward rapidly, there had been quite few updates on the constellation project itself.2) Carbon fiber cryogenic tank for liquid oxygen (CALT)Last week we saw CALT announce that it had successfully manufactured a 3.35m diameter carbon composite cryogenic tank for liquid oxygen. This is first in China for a tank with such a large diameter.CALT’s article mentioned a decrease in mass of 30% compared to previous aluminium alloy tanks (1.7g/cm3 vs 2.8g/cm3). The academy also believes that cost can be reduced by 25% compared to previous tank models, and that manufacturing speed would increase compared to metal-based tanks. There will no doubt be further testing to ensure the technology is mature before integrating a Long March rocket.3) Article from MacroPolo about Rising Stars in China’s Political HierarchyGreat piece from MacroPolo this week about the rising stars in the Communist Party apparatus. Noteworthy for the space sector is the fact that several former CASC/CASIC/CNSA high-level people have gone into politics. The article mentions Yuan Jiajun, a former VP of CASC who had completed his PhD at Beihang, worked on Lunar and Mars missions, and is now the Party Secretary of Zhejiang Province, one of China’s wealthiest. Also highlighted is Xu Dazhe, a former high-level manager at CASIC and the CNSA who has since become Governor, and now Party Secretary, of Hunan Province in central China.4) HNA Group enters bankruptcy restructuringHNA Group is a large privately-owned conglomerate based in Haikou (Hainan province), and until very recently, a Fortune 500 company. Its core activities are historically in aviation through its subsidiary HNA Aviation, which in turn handles over 14 airlines, including China’s fourth-largest airline Hainan Airlines.HNA Group came under government scrutiny in 2017, and crumbling under the massive amount of debt it had created, began selling many of its assets. At the climax of the shopping spree in 2017, HNA Group was reported to have accumulated 1 trillion RMB of assets, 500 billion RMB of debt, and have ramifications in more than 2300 companies. This eventually led to the bankruptcy restructuring this week.It’s hard to say how things will go for HNA Group further down the road. 2020 has not been kind to the company, with the coronavirus stifling the aviation business. Yet HNA Group is such a key company to Hainan province, in both economic & employment terms, that it is hard to see the local government letting the situation reach liquidation.---------------------------------------------Follow us on YouTube, LinkedIn, Twitter (https://twitter.com/DongFangHour), as an audio podcast, and on our official website: https://www.dongfanghour.com/

Parallax Views w/ J.G. Michael
Organized Crime & Trump's Phony Election Fraud Outrage w/ Daniel Hopsicker

Parallax Views w/ J.G. Michael

Play Episode Listen Later Dec 1, 2020 57:21


f you appreciate Parallax Views and the work of J.G. Michael please consider supporting the show through Patreon at https://www.patreon.com/parallaxviews On this edition of Parallax Views, Trump supporters are currently in full force claiming the 2020 Election's results, which delivered a win to Joe Biden, are the result of election fraud and a conspiracy involving the Democratic Party, Venezuela, a software firm SMARTMATIC, and Dominion Voting Systems. Returning guest, Daniel Hopsicker has a thing or two to say about that as someone whose been following the potentially shady owners and backgrounds of voting industry companies like ES&S, Sequoia Pacific Systems, Diebold, and Dominion Voting Systems. And his view doesn't line up with that of Sean Hannity's ranting about a Venezuela/Democratic Party conspiracy to steal the Presidential Election from Trump. Instead Hopsicker has found that these companies are owned by private interests with seeming ties to organized crime or, put more simply, the mob.But before discussing that we delve into some scoops that Daniel has on Steve Bannon. Bannon was arrested on the yacht of exiled Chinese billionaire Guo Wengui. This leads to a discussion about Wengui, the company HNA Group (which has had a bit of a feud with Wengui, espionage and intelligency agency spooks, and cocaine smuggling/drug trafficking. As always, Daniel takes the conversation into some interesting directions that deal with transnational organized crime and its relationship to drug trafficking and money laundering operations. How does Steve Bannon, as well as Bannon's buddy Andrew Badolato and what Daniel calls the "Sarasota" node of this story, fit into the whole picture? Find out in the first part of our conversation with Daniel Hopsicker. As I note in the interview, Daniel was tracking Badolato before he became the subject of mainstream media scrutiny with the We Build the Wall scam. Additionally, I mention in this conversation Daniel's coverage of Huffman Aviation and Rudi Dekkers, who was eventually arrested on cocaine related charges.From there we delve into Daniel's work on election fraud as examined in his documentary The Big Fix 2000. That documentary dealt with the voting industry companies around the time of the 2000 election and discussed an important story involving a Louisiana elections commissioner named Raymond Fowler and his connections to the mobbed up Pasquale "Rocco" Ricci among other things. This also leads us into the story of Louis Wolfson, a convicted criminal who may have invented the term "cover-up", and his relationship to Sequoia Voting Systems. A number of the companies that come up in Daniel's research end up being bought out by Dominion Voting Systems. However, Daniel doesn't buy Sean Hannity's communist conspiracy line about Dominion Voting Systems and the 2020 Presidential Election. In this conversation he explains why he believes that Biden won the election fair and square even if questions surrounding Dominion Voting Systems, which were first raised by Democratic Party Rep. Carolyn B. Maloney years before any Republicans were shouting their allegations about the company, should, in Hopsicker's opinion, be examined. From Hopsicker's purview these companies are owned by private interests and his research shows ties to organized crime that is in relationship with right-wing, rather than communist, political elements.

UK Law Weekly
Shagang Shipping Company Ltd v HNA Group Company Ltd [2020] UKSC 34

UK Law Weekly

Play Episode Listen Later Oct 5, 2020 11:59


A breach of a chartering contract brought up allegations of torture and the Supreme Court had to decide how such evidence should be reviewed in the English courts. Music from bensound.com

Sinica Podcast
Rerun: Guo Wengui: The extraordinary tale of a Chinese billionaire turned dissident, told by Mike Forsythe and Alexandra Stevenson

Sinica Podcast

Play Episode Listen Later Aug 21, 2020 55:31


This episode of the Sinica Podcast, recorded in June 2017, is running as a bonus this week. The arrest of Stephen Bannon yesterday on August 20, 2020, has brought renewed media attention to Guō Wénguì 郭文贵, a business associate of Bannon’s who is wanted by the Chinese government. The Wall Street Journal has recently reported that the federal authorities are examining the pair’s business dealings. Alexandra Stevenson and Mike Forsythe, journalists for the New York Times, joined Kaiser and Jeremy in 2017 to share their thoughts on Guo’s uncertain personal history and his quest to shine a light on the murky world of Chinese elite politics. The original description of the podcast, including many useful references of the people in Guo’s complicated backstory, is reproduced below:The life and times of Chinese billionaire Guo Wengui 郭文贵 reads much like an epic play, so it is fitting that we have included with this podcast a dramatis personæ to explain the many characters in Guo’s story. Scroll to the bottom, below the recommendations, to follow along with them in order of appearance.New York Times journalists Mike Forsythe and Alexandra Stevenson have spent over a dozen hours with the turbulent tycoon at the New York City penthouse overlooking Central Park where he resides in exile, listening to his stories and carefully investigating his most scandalous claims. Mike has for years been a leading reporter on the intersection of money and power in elite Chinese politics, first at Bloomberg and then at the Times. Alex, as a reporter at the Financial Times and now the New York Times, has focused on covering hedge funds, emerging markets, and the world of finance.Are Guo’s myriad corruption allegations, which go as high as China’s anti-corruption chief, Wang Qishan 王岐山, credible? Is even Guo’s own life history verifiable? Who is he really, and why is he on this quest to unveil the shadowy world of Chinese elite politics? Mike and Alex don’t have all the answers, but they are two of the best people in the world to shed light on what is profound and what is puffery in Guo’s version of events.The life and times of Chinese billionaire Guo Wengui 郭文贵 reads much like an epic play, so it is fitting that we have included with this podcast a dramatis personæ to explain the many characters in Guo’s story. Scroll to the bottom, below the recommendations, to follow along with them in order of appearance.New York Times journalists Mike Forsythe and Alexandra Stevenson have spent over a dozen hours with the turbulent tycoon at the New York City penthouse overlooking Central Park where he resides in exile, listening to his stories and carefully investigating his most scandalous claims. Mike has for years been a leading reporter on the intersection of money and power in elite Chinese politics, first at Bloomberg and then at the Times. Alex, as a reporter at the Financial Times and now the New York Times, has focused on covering hedge funds, emerging markets, and the world of finance.Are Guo’s myriad corruption allegations, which go as high as China’s anti-corruption chief, Wang Qishan 王岐山, credible? Is even Guo’s own life history verifiable? Who is he really, and why is he on this quest to unveil the shadowy world of Chinese elite politics? Mike and Alex don’t have all the answers, but they are two of the best people in the world to shed light on what is profound and what is puffery in Guo’s version of events.Dramatis personæ:To read more on Guo Wengui himself, see our narrative explainer and a compilation of more recent news on Guo from SupChina and beyond.In order of mention in the podcast:1. Yue Qingzhi 岳庆芝, Guo Wengui’s wife, lives in New York, according to Guo. Yet she has not been seen in public nor by Mike and Alex, even though they have spent entire days at Guo’s penthouse. 2. Wang Qishan 王岐山, the leader of Xi Jinping’s anti-corruption campaign, secretary of the Central Commission for Discipline Inspection (CCDI).3. Li Keqiang 李克强, the current premier of China’s State Council, formerly a Party secretary in Henan Province where Guo claims to have met him.4. Wu Yi 吴仪 served in top ministerial positions negotiating trade and managing public health in the early 21st century. Guo claims to have developed a relationship with her back in Henan.5. Wu Guanzheng 吴官正 served as secretary for CCDI from 2002 to 2007.6. Ma Jian 马建, the now-jailed close associate of Guo who served as vice minister of State Security from 2006 to 2015.7. Liu Zhihua 刘志华, the former vice mayor of Beijing who was dismissed in 2006. Liu received a suspended death sentence for taking bribes of over 6 million yuan ($885,000) in October 2008.8. He Guoqiang 贺国强, the predecessor to Wang Qishan as secretary of the CCDI. Guo alleges that his son He Jintao 贺锦涛 had a financial stake in Founder Securities at the time Guo tried to muscle his way into the company (the Times has confirmed this).9. HNA Group, formerly Hainan Airlines, a politically connected business conglomerate that burst onto the public scene in 2016, scooping up foreign companies left and right.10. Hu Shuli 胡舒立, the editor-in-chief of business news and investigative outlet Caixin (disclosure: Caixin partners with SupChina on the Business Brief podcast).11. Li You 李友, Guo’s former business partner. In 2016, he was sentenced to four and a half years in prison and fined 750 million yuan ($110 million) for insider trading.12. Yao Mingshan 姚明珊, the wife of Wang Qishan.13. Meng Jianzhu 孟建柱, the current secretary of the Central Political and Legal Affairs Commission, which controls the police and security services.14. Xiao Jianhua 肖建华, another billionaire tycoon who had experience dealing at the top levels of the Chinese government. Xiao was apparently abducted by Chinese authorities in Hong Kong in late January 2017 and has not been seen in public since then.15. Zhang Yue 张越, a former provincial Party secretary in Hebei Province.16. Meng Huiqing 孟会青, a now-jailed former CCDI official.17. Fu Zhenghua 傅政华, the deputy minister of Public Security.18. Yao Qing 姚庆, grandson of revolutionary and former vice premier Yao Yilin 姚依林, and nephew-in-law of Wang Qishan.19. Guo’s two children, his son, Mileson Kwok 郭强 (Guo’s English name is Miles!), and his daughter, Guo Mei 郭美, whom Guo claims went to New York University with Ma Jian’s daughter.20. A “dissident-minder from Guobao” (Ministry of Public Security 国保 guó bǎo), identified later in the podcast as Sun Lijun 孙立军, one of two people Guo claims to have met with in Washington, D.C., in late May 2017.21. Amanda Bennett, the director of Voice of America (VOA), which aired an interview with Guo on April 19 that Guo and some VOA journalists complained was cut short.

Audilex
Shagang Shipping Company Ltd (in Liquidation) (Appellant) V HNA Group Company Ltd (Respondent)

Audilex

Play Episode Listen Later Aug 14, 2020 91:39


Allegations that a bribe was paid to procure a contract are by no means unknown in international business disputes heard by the Commercial Court in London. Allegations that evidence was procured by torture are thankfully rare. In this case allegations of both bribery and torture were made. A claim under a guarantee of a contract to charter a vessel was met with a defence that the contract was procured by bribery, with the consequence that the guarantee was therefore unenforceable. The allegation of bribery was founded on evidence of confessions made by the individuals who had allegedly paid and received the bribe. The claimant in turn alleged that the confessions were obtained by torture and for that reason were inadmissible as evidence in legal proceedings.

Vastiny News
CX Daily: Panama shipper seeks to wind up debt-ridden HNA Group, again

Vastiny News

Play Episode Listen Later May 29, 2020


China is willing to consider joining the Asia-Pacific’s largest free-trade pact. Wall Street giants are believed to pay more attention to U.S.-China tensions right now. Volkswagen bets big on green vehicles in China. Delay tactics can't change Luckin's fate. Will Huawei's chip dreams still come true? Plus, debt-laden HNA Group faces another blow.

Flypodden
Flight 98 - Hvem vil egentlig til Chișinău?

Flypodden

Play Episode Listen Later Feb 26, 2020 26:37


Det har blitt 24 februar, og vinterferien for oss i denne delen av landet er over. Ukens flight byr blant annet på et nytt flyselskap fra Moldova, ny klasse hos KLM, rykter om TAP og Avinor Flysikring som skal erobre verden.AktueltHiSky er nytt modovisk flyselskap - Christian skjønner ikke poengetQantas går videre med Project SunriseKLM med premium economy (endlig)David Neeleman kranlger med portugiserne - er TAP i spill?Hainan Airlines og HNA Group sliter...... som alle kinesiske flyselskaper om dagenAvinor Flysikring vil til SpaniaEuropeiske turister er "sandfaste" på KanariøyeneAir Senegal på offensiven See acast.com/privacy for privacy and opt-out information.

The Caixin-Sinica Business Brief
The Caixin-Sinica Business Brief, episode 94

The Caixin-Sinica Business Brief

Play Episode Listen Later Aug 12, 2019 13:14


Welcome to the 94th installment of the Caixin-Sinica Business Brief, a weekly podcast that brings you the most important business stories of the week from China's top source for business and financial news. Produced by Kaiser Kuo of our Sinica Podcast, it features a business news roundup, plus conversations with Caixin reporters and editors. This week: We discuss how China's yuan dropped below seven per dollar as the trade war escalated. We note that troubled Hengfeng 恒丰 Bank has received official approval for a restructuring plan that involves investments from a provincial government and a unit of China's sovereign wealth fund. We dive into the story of Hu Huaibang 胡怀邦, the former chairman of policy lender China Development Bank, who is under investigation for allegedly using his position to funnel billions of dollars of dodgy credit to fallen energy and financial group CEFC China Energy and prop up the heavily indebted real estate conglomerate HNA Group. We analyze Huawei's new operating system “Harmony,” which marked the Chinese smartphone giant's latest step toward creating its own software ecosystem. We report that several Chinese automakers' sales of new-energy vehicles hit the skids in July as the industry navigates government subsidy cuts. We hear that Foxconn and customer Amazon face renewed criticism from a labor advocacy group for allegedly slashing wages and flouting labor laws at a Chinese factory as pressure from U.S. tariffs mounts. We find out that Tesla's Shanghai facility is on track to officially start production at the end of this year, the company said Wednesday in a message posted to its official Weibo account. We chat about mini-programs — bare-bones applications that run instantly on web platforms — which are the new front line as China's internet giants battle for traffic and corporate business, and the country's biggest search engine is keen to get in on the act. In addition, we talk with Tanner Brown, head of real-time news at Caixin, about deadly heat waves in China. We also chat with Doug Young, managing editor of Caixin Global, about recent news about Huawei.

FT News in Focus
The mystery of Deutsche Bank’s largest shareholder

FT News in Focus

Play Episode Listen Later Feb 28, 2018 8:43


China’s HNA Group is Deutsche Bank's biggest shareholder. But as the Financial Times discovered, very little is known about the structure of HNA or its owners. Patrick Jenkins discusses what this means for the German lender and its investors with the FT's Robert Smith and Laura Noonan. See acast.com/privacy for privacy and opt-out information.

The Caixin-Sinica Business Brief
The Caixin-Sinica Business Brief, episode 30

The Caixin-Sinica Business Brief

Play Episode Listen Later Nov 20, 2017 12:32


Welcome to the 30th installment of the Caixin-Sinica Business Brief, a weekly podcast that brings you the most important business stories of the week from China's top source for business and financial news. Produced by Kaiser Kuo of our Sinica Podcast, it features a business news roundup, plus conversations with Caixin reporters and editors. This week, we look at the new regulations issued by the China Banking Regulatory Commission, which were specially designed for the nation's three state-owned policy banks, clarifying their business positions and enhancing oversight of risk control. We learn the news that Panama opened its first-ever embassy in China last week, with Panamanian President Juan Carlos Varela and Chinese Foreign Minister Wang Yi overseeing the inauguration. We hear good news from online retailer JD.com, which reported its best-ever quarterly results. We analyze why China's investment and aviation conglomerate HNA Group removed the head of its tourism unit, which runs HNA's flagship Hainan Airlines, in a major leadership reshuffle. We explore U.S. chipmaker Qualcomm's new investments in nine Chinese startups, including AI star SenseTime Group and on-demand bicycle firm Mobike. We discuss why China Huishan Dairy Holdings asked its lawyers to begin provisional liquidation of the heavily indebted company. In addition, we speak with Caixin editor Poornima Weerasekara about the child abuse scandal at a Ctrip daycare center in Shanghai, and have a conversation with Caixin reporter Coco Feng about Apple, which is working on a fix for its iPhone X smartphones after reports that their screens are unresponsive when cold. We'd love to hear your feedback on this product. Please send any comments and suggestions to sinica@supchina.com.  

The Caixin-Sinica Business Brief
The Caixin-Sinica Business Brief, episode 16

The Caixin-Sinica Business Brief

Play Episode Listen Later Jul 31, 2017 29:35


Welcome to the 16th installment of the Caixin-Sinica Business Brief, a weekly podcast that brings you the most important business stories of the week from China's top source for business and financial news. Produced by Kaiser Kuo of our Sinica Podcast, it includes a business news roundup, conversations with Caixin reporters and editors, and a selection of complete stories from the week's news, read by Kaiser and Sinica rotating co-host Ada Shen. This week, we hear how a recent study by the Chinese Academy of Sciences found that two in five migrant laborers returning home fail to find work because they lack skills. We examine the recent prison sentence of five tour guides who forced clients halfway through their trips to cough up more money than was originally agreed upon. We discuss how the China Construction Bank has restored the credit limits on some credit cards belonging to employees of LeEco after unilaterally cutting the limits to 1 yuan ($0.15) while it conducted credit-risk assessments on the cardholders. We look at China's largest peer-to-peer lending platform — Hongling Capital — and how it plans to get out of the online lending business within three years, citing a poor track record of people repaying loans. We learn how Alibaba has found that internal theft is now the top cause of customer data leakage in China — the world's largest ecommerce market. We talk to Caixin senior editor Doug Young about two big stories surrounding HNA Group's investments, and to Caixin Global reporter Amy Ma about how one Chinese city is trying to deal with the problem of drones. In addition, we bring you four complete stories: How the tragic deaths of four kindergartners in buses during the recent heat wave in China have triggered a major outcry over the state of schools in rural China. How a new documentary released with the blessings of, if not indeed at the behest of, the state features corrupt officials confessing on camera to having taken bribes. How demand is booming for virtual currencies — and not just for Bitcoin, but for homegrown Chinese digital currencies. Why shares of Kweichow Moutai, China's best-known baijiu distiller, are soaring on a very bullish outlook. We'd love to hear your feedback on this product. Please send any comments and suggestions to sinica@supchina.com.

Sinica Podcast
Guo Wengui: The extraordinary tale of a Chinese billionaire turned dissident, told by Mike Forsythe and Alexandra Stevenson

Sinica Podcast

Play Episode Listen Later Jun 29, 2017 55:31


The life and times of Chinese billionaire Guo Wengui 郭文贵 reads much like an epic play, so it is fitting that we have included with this podcast a dramatis personæ to explain the many characters in Guo’s story. Scroll to the bottom, below the recommendations, to follow along with them in order of appearance. New York Times journalists Mike Forsythe and Alexandra Stevenson have spent over a dozen hours with the turbulent tycoon at the New York City penthouse overlooking Central Park where he resides in exile, listening to his stories and carefully investigating his most scandalous claims. Mike has for years been a leading reporter on the intersection of money and power in elite Chinese politics, first at Bloomberg and then at the Times. Alex, as a reporter at the Financial Times and now the New York Times, has focused on covering hedge funds, emerging markets, and the world of finance. Are Guo’s myriad corruption allegations, which go as high as China’s anti-corruption chief, Wang Qishan 王岐山, credible? Is even Guo’s own life history verifiable? Who is he really, and why is he on this quest to unveil the shadowy world of Chinese elite politics? Mike and Alex don’t have all the answers, but they are two of the best people in the world to shed light on what is profound and what is puffery in Guo’s version of events. Recommendations: Jeremy: The Skeptics Society, a website that publishes articles to debunk pseudoscientific, health-related, and religious myths. Alex: Janesville: An American Story, by Amy Goldstein of the Washington Post. It tells how a town in Wisconsin had the General Motors plant leave in 2008, despite Obama’s promise that jobs would stay there. Mike: Betraying Big Brother, an upcoming book by his wife, Leta Hong Fincher, explains what happened to the Feminist Five and what their stories say about the rise of feminism and the control of women in China. Leta’s last book, Leftover Women: The Resurgence of Gender Inequality in China, published in 2014, was on a similar subject. Kaiser: Beasts of No Nation, a Netflix special by Cary Fukunaga based on the book of the same title by Uzodinma Iweala. The story follows the life of a child soldier in an unnamed West African country.   Dramatis personæ: To read more on Guo Wengui himself, see our narrative explainer and a compilation of more recent news on Guo from SupChina and beyond. In order of mention in the podcast: Yue Qingzhi 岳庆芝, Guo Wengui’s wife, lives in New York, according to Guo. Yet she has not been seen in public nor by Mike and Alex, even though they have spent entire days at Guo’s penthouse.  Wang Qishan 王岐山, the leader of Xi Jinping’s anti-corruption campaign, secretary of the Central Commission for Discipline Inspection (CCDI). Li Keqiang 李克强, the current premier of China’s State Council, formerly a Party secretary in Henan Province where Guo claims to have met him. Wu Yi 吴仪 served in top ministerial positions negotiating trade and managing public health in the early 21st century. Guo claims to have developed a relationship with her back in Henan. Wu Guanzheng 吴官正 served as secretary for CCDI from 2002 to 2007. Ma Jian 马建, the now-jailed close associate of Guo who served as vice minister of State Security from 2006 to 2015. Liu Zhihua 刘志华, the former vice mayor of Beijing who was dismissed in 2006. Liu received a suspended death sentence for taking bribes of over 6 million yuan ($885,000) in October 2008. He Guoqiang 贺国强, the predecessor to Wang Qishan as secretary of the CCDI. Guo alleges that his son He Jintao 贺锦涛 had a financial stake in Founder Securities at the time Guo tried to muscle his way into the company (the Times has confirmed this). HNA Group, formerly Hainan Airlines, a politically connected business conglomerate that burst onto the public scene in 2016, scooping up foreign companies left and right. Hu Shuli 胡舒立, the editor-in-chief of business news and investigative outlet Caixin (disclosure: Caixin partners with SupChina on the Business Brief podcast). Li You 李友, Guo’s former business partner. In 2016, he was sentenced to four and a half years in prison and fined 750 million yuan ($110 million) for insider trading.   Yao Mingshan 姚明珊, the wife of Wang Qishan. Meng Jianzhu 孟建柱, the current secretary of the Central Political and Legal Affairs Commission, which controls the police and security services.   Xiao Jianhua 肖建华, another billionaire tycoon who had experience dealing at the top levels of the Chinese government. Xiao was apparently abducted by Chinese authorities in Hong Kong in late January 2017 and has not been seen in public since then. Zhang Yue 张越, a former provincial Party secretary in Hebei Province. Meng Huiqing 孟会青, a now-jailed former CCDI official. Fu Zhenghua 傅政华, the deputy minister of Public Security. Yao Qing 姚庆, grandson of revolutionary and former vice premier Yao Yilin 姚依林, and nephew-in-law of Wang Qishan. Guo’s two children, his son, Mileson Kwok 郭强 (Guo’s English name is Miles!), and his daughter, Guo Mei 郭美, whom Guo claims went to New York University with Ma Jian’s daughter. A “dissident-minder from Guobao” (Ministry of Public Security 国保 guó bǎo), identified later in the podcast as Sun Lijun 孙立军, one of two people Guo claims to have met with in Washington, D.C., in late May 2017. Amanda Bennett, the director of Voice of America (VOA), which aired an interview with Guo on April 19 that Guo and some VOA journalists complained was cut short.

layovers ✈︎ air travel and commercial aviation
050 NRT - The crazy story of Narita, Cathay Pacific Beer, 10 Cent Fares, Open Skies rift

layovers ✈︎ air travel and commercial aviation

Play Episode Listen Later Mar 8, 2017 71:42


00:00 - Introduction01:24 - ANA 380, Special livery, Drone Inspection, JAL pilotsANA unveils special livery for its new A380 fleet | Airbus Press releaseANA tests drone's-eye view for plane inspections- Nikkei Asian ReviewJAL's novice pilots grounded by 2010 bankruptcy finally take wing | The Japan Times05:30 - Cathay Pacific Beer, bubbly in the airCathay Pacific creates craft beer for UK flights - Business Traveller – The leading magazine for frequent flyersCathay Pacific Creates A Beer for 35,000 Feet - Travel CodexSpirits in the sky: What to drink at 30,000 feet | The Economist08:32 - Air China Cathay Pacific merger rumorBreaking News - Air China to acquire Cathay Pacific Airways | Dr Marco Pearman-Parish | Pulse | LinkedIn10:54 - Aboslute low cost Spring Airlines, China strategy【春航】春秋航空官方网站‖飞机票查询预订_航班查询_特价机票_打折机票_国际机票预订_电子机票_机票预订_上海机票China’s HNA Group to buy 82.5% stake in Frankfurt-Hahn Airport | Airlines content from ATWOnline14:55 - Qantas ultra long haul, ANA Mexico routeQantas announces the world’s longest direct flight | World Economic ForumAll Nippon Airways launches its longest non-stop route17:49 - Episode 049 feedback, reviews, chaptersChapters available on those apps: OverCast, DownCast, InstaCast, PodCat, iCatcher, RSS Radio on iOS, and AntennaPod on Android.Listen to layovers ✈︎ - air travel and commercial aviation online on TuneInacast - Layovers21:41 - Aer Lingus, Norwegian, new US routes, EasyjetAer Lingus gave Norwegian Air a masterclass in sass on Twitter this eveningNorwegian outlines 737MAX8 US routes from June 2017 :: Routesonline25:28 - United, Munoz, 5th freedom routes, Open Skies debateUnited Airlines CEO Oscar Munoz interview - Business InsiderJetBlue, Alaska, Atlas push back against US majors on Gulf issue | Open Skies content from ATWOnline30:33 - New US travel ban, new TSA rules, EU travel banPresident Donald Trump signs new travel ban, exempts Iraq Trump to unveil new travel ban Monday, without Iraq - CNNPolitics.comRevised executive order bans travelers from six Muslim-majority countries from getting new visas - The Washington PostMuslim-American Travelers Are Quietly Having Global Entry Privileges Revoked – SkiftTSA's new "pat-downs" are so invasive, airports are pre-emptively warning cops to expect sexual assault claims / Boing BoingAmericans, Calm Down: You Don’t Need a Visa to Go to Europe | Foreign Policy34:57 - Mouse ban, plane over-crowdingMouse on a plane grounds British Airways Heathrow flight - BBC NewsPakistan airline admits taking extra passengers in aisle - BBC News37:55 - Airmule, TripIt, Kayak, FlySMS, appsAirmule | The Smarter Way to FlyAnnouncing Go Now & More New TripIt Features - TripIt BlogFlying App has landedJosh Parnham - TodayFlightsFlySMS42:50 - Paul flights, TripCase ADD, BA priority, Bluesmart ad, CS100 videoSWISS C SERIES - PATROUILLE SUISSE AIRSHOW on Vimeo49:24 - AMS biometric boarding, Air France new low costJapan readies facial recognition at airports to stop terrorists- Nikkei Asian ReviewKLM tests boarding via facial recognition systemAir France-KLM to cut costs further after profits rise 35%Air France plans “Boost” subsidiary launch this year - Business Traveller – The leading magazine for frequent flyersAir France-KLM's New Strategic Plan, Explained – Skift52:55 - NRT, the extraordinary story of Narita

Global Venturing Review
9 January 2017 – Welcome to 2017 with Bike Sharing Deals, Fund backing from Apple and Much More

Global Venturing Review

Play Episode Listen Later Jan 8, 2017 11:28


Deals Easy Life Financial Services, a tourism-focused financial services spinout of aviation and travel conglomerate HNA Group, has raised approximately $273m in series B+ funding from a string of Chinese investors. Bike sharing looks likely to be a big area for VC funding in 2017, and China’s Mobike, which raised more than $100m in autumn … Continue reading "9 January 2017 – Welcome to 2017 with Bike Sharing Deals, Fund backing from Apple and Much More"

TheUCCShow
The UCC Show - Jeff Yelton Ingram Micro

TheUCCShow

Play Episode Listen Later May 2, 2016 41:32


In this inaugural show, Simon Dudley and his Guest Jeff Yelton, VP and GM of the Advanced Solutions Division at Ingram Micro discuss the following: - The current Unified Communications market and how business is changing from a Box-based to a Cloud-based business model - The recent changes at Ingram Micro including being acquired by China’s HNA Group and the acquisition of NetXUSA - The way Unified Communications is moving to be a way of thinking rather than simply a technical solution Twitter: IngramMicroInc Website: http://bit.ly/uccpodcasts Email: uccinfo@ingrammicro.com

Channelcast
CC052 Bei Minute 26 haben wir geweint

Channelcast

Play Episode Listen Later Feb 20, 2016 123:08


Ist der Einstieg der Einstieg der chinesischen HNA Group bei Ingram Micro kaum die Rede wert oder bahnt sich hier der große Umbruch in der Branche an? Derzeit deutet alles darauf hin, dass sich gar nichts ändern wird - außer den Besitzverhältnissen. Dennoch lässt sich trefflich über den Deal diskutieren. Das Thema PC-Markt und dessen steter Rückgang ist Ausgangspunkt für unsere Überlegungen, wie der Channel mit den Verschiebungen klarkommt. Während Handel und Distribution sich über gute Geschäfte freuen, wimmern die Hersteller vor sich hin.