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HNA Group Co., the conglomerate that collapsed with billions of dollars of debt, has completed its restructuring work after a joint working group was set up more than two years ago to handle the task.
During the mid-2010s, HNA, founded in 2000 as a regional airline in China, was a major investor worldwide, including sizable real estate assets, such as a 25% stake in Hilton Worldwide Holdings ...
China's embattled HNA Group is looking for private investors to help it emerge from bankruptcy, a person with knowledge of the matter said, but bankers and analysts say restructuring may be ...
China's HNA Group will receive strategic investment of 38 billion yuan ($5.88 billion) after its restructuring, which will go to eleven of its entities including its flagship carrier Hainan ...
From 2015 to 2017, Chinese conglomerate HNA went on a $40 billion deal-making frenzy, Now, following its downfall, light is falling on the unorthodox ways that money was moved around the company.
Business Nation & World China’s HNA Group says creditors want it declared bankrupt Jan. 29, 2021 at 3:34 am Updated Jan. 29, 2021 at 4:11 pm ...
The sources also said HNA Group itself will give 1.7 billion yuan in cash. The remaining debts will be repaid by shares of Hainan Airlines 600221.SS, HNA Infrastructure Investment Group 600515.SS ...
HNA Group was among many Chinese companies that went on a global shopping spree starting in 2014. Financed by state banks, bond sales and their own rising revenues, they bought hotels, insurance ...
A Chinese man has transferred more than 29 percent of HNA Group of China to a private foundation, adding to the questions about the firm’s structure and political connections.
For nearly 25 years, HNA Group, the Chinese conglomerate, has funneled business to a small group of relatives and associates of its senior executives. By David Barboza 阅读简体中文版 ...
HNA Group was among many Chinese companies that went on a global shopping spree starting in 2014. Financed by state banks, bond sales and their own rising revenues, they bought hotels, insurance ...