Wanda posts photos to dispel CEO rumors

Zhang Xu China Plus Published: 2017-09-11 19:41:29
Comment
Share
Share this with Close
Messenger Messenger Pinterest LinkedIn

The Dalian Wanda Group has put out a pair of photos showing CEO Wang Jianlin meeting with Tung Chee-hwa, Hong Kong's former chief executive.

Wang Jianlin (left) meets with Tung Chee-hwa, the former chief executive of Hong Kong, meet in Hong Kong on September 8, 2017. [Photo: Wanda Group]

Wang Jianlin (left) meets with Tung Chee-hwa, the former chief executive of Hong Kong, meet in Hong Kong on September 8, 2017. [Photo: Wanda Group]

Wanda says the meeting between Wang and Tung took place on September 8th in Hong Kong.

In releasing information about the meeting, Dalian Wanda is said to be trying to quash any remaining speculation that Wang Jianlin was under travel restrictions.

A report surfaced in late August suggesting Wang and his family had been banned from taking an international flight out of Tianjin. These reports also suggested the Chinese government had placed Wang under travel restrictions amid suggestions he might attempt to flee China to avoid legal problems connected to the company's debt load.

Dalian Wanda immediately denied the allegations. However, the reports led to a significant sell-off of Wanda's shares.

Wang Jianlin (2nd left) meets with Tung Chee-hwa (2nd right), the former chief executive of Hong Kong, meet in Hong Kong on September 8, 2017. [Photo: Wanda Group]

Wang Jianlin (2nd left) meets with Tung Chee-hwa (2nd right), the former chief executive of Hong Kong, meet in Hong Kong on September 8, 2017. [Photo: Wanda Group]

The company says it's now planning to sue the people who spread the reports through WeChat for 5 million yuan each. It's also threatening to sue US-based Chinese website boxun.com for 2 million US dollars.

The company is also demanding a public apology.

Related stories

Share this story on

Most Popular

Photo

Military fans construct real-size J-20 fighter jet model
Spectacular view of Shenzhen Nan'ao fish drying area
Chinese bridal designers debut at New York Fashion Week
Car’s amazing balancing act in Wuhan
Mermaids compete in Shenzhen competition
Behind the scenes of Hong Kong Airport security

News

CRI's English service celebrates 70th anniversary
6 slightly injured in irritating substance attack at Frankfurt Airport
Deal for China's first privately controlled high speed railway inked
Chinese tech firm Xiaomi unveils Mi Mix 2 smartphone
8 killed, 7 missing due to heavy rainfall in China
China's first commercial solar thermal power station begins test run