EQUITY - Soros' lost decade
US billionaire George Soros may once have brought the Bank of England to its knees, but he has found China's opaque airline sector an altogether tougher nut to crack. His only mainland-invested corporate, Hainan Airlines, has after years of low earnings gained approval for a major stock refinancing that could pave the way for a Hong Kong IPO. But it's only a small step toward dragging the disappointing carrier back to health, says Elliot Wilson.
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