Longjiang Airlines Auctioned Off Online In First For China
Credit: Heilongjiang government
China’s first online auction of an airline has seen 98% of Longjiang Airlines sell for CNY805.7 million ($118 million). The event attracted 40,000 onlookers and two registered bidders. After 91 bids, Beijing Shengda Gold Industry Investment Consulting won out. Privately owned Longjiang was listed on...
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