Hong Kong: China Merchants Group announced today that Fu Yuning is no longer serving as the chairman of the company, and he will be replaced by Li Jianhong, president of the group.
In the meantime, Huarun Group, a state-controlled multi-sector enterprise, with businesses in power, real estate, cement and gas, announced that Fu Yuning will become the chairman of the group to replace Song Lin, who was arrested for corruption this month. [23/04/14]
