HNA Technology acquired 100% shares of Ingram Micro in December 2016 for USD 5.98 billion, the majority of which was borrowed money from banks.
China’s domestic traffic was down just 1.4% in October compared to October a year ago.
This comes amid a delay in the highly anticipated Hong Kong-Singapore travel bubble, which is now expected to launch in 2021 following the latest spike in Covid-19 cases across Hong Kong.
The Yutian airport is expected to improve the transportation situation of the county and its surrounding areas in southern Xinjiang, providing faster travel for local residents.
The service allows a luggage-free travelling experience, so customers can save time instead of waiting at the baggage carousel
As reported in August, DFS acquired a 22% stake in Shenzhen Duty Free Ecommerce Co, which is majority-owned by Shenzhen Duty Free Group.
Zhuhai would play a key role in the distribution of cargo to and from the world’s busiest cargo hub.
The latest cooperation is believed to maximize the synergy between Hong Kong and Zhuhai.
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