, Columnist
China Takeover Tycoons' Cash Wall
If financiers turn off the spigots, money could dry up.
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To understand China's crackdown on the financing of acquisitive giants HNA Group Co., Fosun International Ltd., Dalian Wanda Group Co. and Anbang Insurance Group Co., take a look at Apple Inc.
Shares in companies associated with the first three plunged in Hong Kong and China Thursday. The China Banking Regulatory Commission has asked some banks to provide information on overseas loans to the firms, people familiar with the matter told Bloomberg News. That raises fears of a political attack on the businesses, and the tycoons who run them.