John zhao, the boss of China's Hony Capital, doesn't do understated. At the annual general meeting (agm) of the private-equity firm, held this week in Wuhan, he arranged for a bedecked circular conference table so enormous that even a Chinese guest whispered that it was "worthy of the central committee". The firm's agm last year is remembered for a huge outdoor projection on a building in Shanghai's Bund district, showing a gold-laden ship called "Hony" sailing homeward past foreign landmarks.
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