The executive from China Merchants Shekou involved in the real estate drinking incident in Hangzhou has been dismissed.

According to a report by Yicai on August 17, industry insiders revealed that China Merchants Shekou has dismissed Zhao Haifeng, the general manager of its Zhejiang company. In July this year, during a business gathering in Hangzhou, Zhao was suspected of harming a woman. He is currently under investigation by the relevant authorities.