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at its peak Chinas hna group presided over an estimated 170 billion dollars of assets across the world the conglomerate was a big shareholder in Deutsche Bank and Hilton Hotels they owned airports and other real estate in Germany China and the United States and they had the third largest aircraft leasing business in the world owning over 900 planes most amazing of all h a bought virtually all of this in just a few years by the time the party ended in May 2017 the company was doing at least one multi-million or even billion dollar transaction each month and then as fast as it came up it all came crashing down in this video were going to talk about one of the biggest and craziest implosions in corporate history but first let me talk about the asianometry patreon Early Access members get to watch new videos and see selected references for them before their release of the public it helps support the videos since views are so volatile I appreciate every pledge thanks and on with the show