Dalian Wanda denies rumors on detention of the head of corporation

Almaty. August 28. Silkroadnews – China’s Dalian Wanda denies rumors on detention of the head of corporation, Irish Times reported.
According to the report, Dalian Wanda denied vicious rumors that its head, a billionaire Wang Jianlin had been detained by the authorities and was forbidden to leave China. However, prior to this statement, the company’s stocks at the Hong Kong Stock Exchange had fallen 10%.
On Sunday American blog in Chinese asserted that Wang’s private jet was banned to depart from Tianjin, and the billionaire was forbidden to leave China. Later, the information was picked up by a number of Chinese media.
On Monday, Dalian Wanda issued a statement that these reports were false and malicious.
Some people, for unknown reasons, came up with and spread various vicious rumors about Wang Jianlin, chairman of the Wanda Group, the company said in a statement.
It is reported that this is not the first time when the head of a large company that has attracted regulators’ attention has been announced as detained, questioned or restricted in the right to leave the country. The regulators turned their attention to Wanda, Fosun International, HNA Group and Anbang Insurance due to large overseas investment by the companies.
In early July, Fosun International was forced to refute rumors about the disappearance of its chairman Guo Guangchang. On the same day, when the company issued a refutation, Mr. Guo appeared live from his office with a view of Shanghai in the background. Nevertheless, the company’s stocks dropped.