Airline

Hainan Airlines shares came close to suspension

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Hainan Airlines shares came close to suspension

Hainan Airlines shares fell almost by the daily limit in trading today in Shanghai after the airline warned of a loss of between 58 billion yuan (US$8.98bn) and 65 billion yuan just over US$10bn. The shares fell 9.8% to 1.38 yuan at the close. Strangely the airline said it expected the losses were d...

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