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HNA Hard Landing
After gobbling up billions in assets, HNA has embarked on a global selling spree to pay down debt
HNA Divestitures Reach $14 Bln in Campaign to Reduce Debt
After sale of stake in Shanghai investment concern, conglomerate considers more asset sales this year to further lower debt, source says
Weekly Must-Read: What’s Behind China’s Regional Power Outages
A coal shortage and a resurgent economy are forcing electricity rationing to industry and households alike
CX Daily: Who Gets What In HNA’s Complex Bankruptcy Restructuring
China’s regulators ask banks to protect homebuyers’ interests. Electric utilities in a handful of provinces get the nod to raise power prices
In Depth: Who Gets What in HNA’s Complex Bankruptcy Restructuring
Working group picks a little-known steelmaker to rescue the conglomerate’s flagship airline
Shanghai Composite Index Fell 1.83% on Wednesday
Shenzhen Component Index closed down 1.64%
CX Daily: How Evergrande’s Founder Played The Capital Markets
China-related SPAC projects express interest in raising funds in Singapore. A former banking regulator is accused of taking bribes
HNA Seeks to Repay Less Than Half of Debt Claims Sought Against Airline Unit
Creditors want 400 billion yuan from financially troubled Hainan Airlines, but now they will be asked to accept far less
CX Daily: China’s Assault On Big Tech’s ‘Walled Gardens’
China and the EU are expected to publish the first set of common classification standards for sustainable finance by the end of this year
Tip Sheet: Clues to Evergrande’s Fate May Lie With Past Rescues
Restructuring of HNA and Huarong could offer insights into what’s in store for embattled property developer
Shanghai Composite Index Fell 0.84% on Monday
Shenzhen Component Index closed down 0.09%
In Depth: Behind HNA’s Fall, a Web of Nepotism Spreading from New York to Hainan
Brothers of now-arrested Chairman Chen Feng and late co-founder Wang Jian wove a web of businesses that conducted secret dealings with bankrupt conglomerate
HNA Chairman and CEO Taken In by Police
Company says Hainan cops have placed its executives under ‘coercive measures,’ which can include residential surveillance or detention
In Depth: How a Liaoning Bank Got Sucked Into the Evergrande Vortex
Shengjing Bank’s biggest shareholder is Evergrande, and authorities are probing $15.5 billion of transactions between the property giant and the regional bank
Shanghai Composite Index Fell 1.42% on Tuesday
Shenzhen Component Index closed down 0.54%
CX Daily: The Rapid Fall Of China’s Most Famous Corporate Raider
Merkel tells Xi that she hopes the EU-China investment agreement can be ratified soon. Social media platforms pledge to push “positive content” rather than “unethical” stars
Bankrupt HNA Secures Strategic Investors for Airline, Airport Businesses
As part of court-approved restructuring, the conglomerate will bring in two state-backed companies
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