More AWOL China bosses flag unique key-man risks

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More AWOL China bosses flag unique key-man risks
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Hong Kong media and entertainment company Camsing International fell as much as 90% after its chairman was detained. Re-read KatrinaHamlin's view on China's unique key-man risks:

Hong Kong-listed casino operator Landing International Development said it had lost contact with its chairman since Aug. 23. The company’s shares were down 47 percent at midday on Aug. 24 from where they were trading at the market close on Aug. 22.

In a statement to the Hong Kong stock exchange, Landing said it had been"unable to contact or reach" Chairman Yang Zhihui. Separately, Shenzhen-listed Steyr Motors said on Aug. 21 that it was unable to reach its chairman, Li Xiaozhen. Its shares have fallen 17 percent since the close of business on Aug. 20.

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