Suning's Billionaire Chairman Quits After China-Led Bailout
Billionaire Chairman Quits After Suning’s China-Led Bailout Bloomberg 4 hrs ago Blake Schmidt © Getty Images via Bloomberg Suning Smart Retail Development Strategy Press Release And Partnership Agreement Signing Ceremony (Bloomberg) -- Zhang Jindong has stepped down as the chairman of Chinese retail giant Suning.Com Co. after losing control of his firm following a government-led bailout. Popular Searches The company announced his resignation in a filing with the Shenzhen stock exchange on Monday, adding that Zhang will be appointed honorary chairman to guide the firm’...