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| China raises heat over foreign investment | China raises heat over foreign investment |
| (35 minutes later) | |
| Shares in two of China's biggest conglomerates, Fosun International and HNA, fell by about 6% on Thursday, amid rumours that banks had been ordered to assess their loan exposure to them. | Shares in two of China's biggest conglomerates, Fosun International and HNA, fell by about 6% on Thursday, amid rumours that banks had been ordered to assess their loan exposure to them. |
| Fosun bought Wolverhampton Wanderers football club last year, while HNA is Deutsche Bank's biggest shareholder. | Fosun bought Wolverhampton Wanderers football club last year, while HNA is Deutsche Bank's biggest shareholder. |
| Reports said the banking regulator had also told lenders to investigate loans to Anbang Insurance, Odeon UK cinema owner Dalian Wanda and Zhejiang Luosen. | Reports said the banking regulator had also told lenders to investigate loans to Anbang Insurance, Odeon UK cinema owner Dalian Wanda and Zhejiang Luosen. |
| All five are big overseas investors. | All five are big overseas investors. |
| The conglomerates' other high profile acquisitions include Zhejiang Luosen buying AC Milan football club earlier this year. | The conglomerates' other high profile acquisitions include Zhejiang Luosen buying AC Milan football club earlier this year. |
| HNA also owns airport services firm Swissport and airline caterer Gate Gourmet, and it has a 25% share in Hilton. | HNA also owns airport services firm Swissport and airline caterer Gate Gourmet, and it has a 25% share in Hilton. |
| Anbang owns New York's Waldorf Astoria hotel. | Anbang owns New York's Waldorf Astoria hotel. |
| Dalian Wanda's film division is the world's biggest cinema operator, and also owns the UCI chains in the UK. | |
| Trading in Wanda Film Holding's shares was suspended after they fell by nearly 10% in Thursday trading. The company subsequently denied as "malicious speculation" rumours that some banks were offloading the company's bonds. | |
| It said the shares would resume trading on Friday. | |
| The China Banking Regulatory Commission (CBRC) had told lenders to conduct internal assessments of their credit-risk exposure to acquisitive companies, according to business magazine Caixin, quoting sources. | The China Banking Regulatory Commission (CBRC) had told lenders to conduct internal assessments of their credit-risk exposure to acquisitive companies, according to business magazine Caixin, quoting sources. |
| The CBRC has been attempting to stem the flow of money leaving China. | The CBRC has been attempting to stem the flow of money leaving China. |
| Last year China's companies invested $225bn (£178bn) overseas. The outflow has put pressure on the currency, the renminbi, and drained foreign exchange reserves. | Last year China's companies invested $225bn (£178bn) overseas. The outflow has put pressure on the currency, the renminbi, and drained foreign exchange reserves. |