Hifood Group slumps 11 percent, leading slide in shares of HNA's HK-listed units

Reuters  |  HONG KONG 

HONG KONG (Reuters) - Shares of Hifood Group Holdings, an indirect unit of HNA Group, fell 11 percent on Thursday to all-time lows, leading the slide in Hong Kong-listed stocks related to HNA whose died in an accident two days ago.

The aviation-to-financial services conglomerate's died during a business trip in on July 3 in what local police said appeared to be an accidental fall from a wall while posing for a photograph.

HNA Group's logistics service unit dropped 5.5 percent to the lowest since April last year, slid 3.7 percent, and HNA Technology was down 2.4 percent.

(Reporting by Donny Kwok; Editing by Muralikumar Anantharaman)

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First Published: Thu, July 05 2018. 09:39 IST