A China Cosco Shipping investment fund has abruptly dismissed Dr Jin Hai, the Chinese-American ship finance man it recruited two years ago.
The fund's managing company issued a terse public announcement of the move today.
"You are hereby informed by letter that our company has dismissed Jin Hai from his duties as general manager, as of 29 March 2019," read the complete announcement by Cosco Cinda Investment Management (Tianjin).
