Under Pressure, HNA Reveals It's Controlled by Two Charities
- Executives led by co-chairmen own 47.5% stake, HNA says
- Acquisitive Chinese group has been under mounting scrutiny
HNA Says It's Controlled by Two Charities
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HNA Group Co. disclosed it’s controlled by a couple of charities as the acquisitive Chinese conglomerate whose overseas investments have come under scrutiny seeks to dispel concerns about its ownership structure.