HNA Hard Landing

China HNA Hard Landing  News - Caixin Global

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

03 27, 2023 21:21 PM

Editorial: Lessons From the Collapse of Silicon Valley Bank

By taking every crisis suffered by others seriously, we can minimize our own crises

03 13, 2023 06:14 AM

Cover Story: China’s Financial Industry Regulators to Get Reshuffle of Responsibilities

A new oversight authority, the National Financial Regulatory Administration, is approved at the annual meeting of the national congress.

02 22, 2023 06:42 AM

Exclusive: The Bidding War for Fosun’s Nangang May Heat Back Up

While steelmaker Shagang already paid almost half the $2.21 billion deal price, Citic Pacific and Fangda Steel are still lurking in the wings to snap up the Fosun crown jewel

02 17, 2023 18:22 PM

Chinese Airlines Take Off in January as International Travel Surges

Big carriers report huge rise in demand after scrapping of quarantine requirements and resumption of cross-border flights

02 11, 2023 18:31 PM

China Issues New Rules For Related-Party Transactions of FHCs

The central bank requires financial holding companies to set upper limits for transactions and assign accountability as it seeks to curb risk

09 05, 2022 16:52 PM

China Merchants Unit Wins Financial Holding License

Subsidiary with stakes in around 670 financial firms is the third company to get approval from the central bank for the sought-after qualification

08 19, 2022 20:27 PM

Update: Chinese Tycoon Xiao Jianhua Sentenced to 13 Years in Prison, Conglomerate Fined $8 Billion

Former controller of sprawling Tomorrow Holding was swept up in the nation’s crackdown on financial risks

08 12, 2022 21:09 PM

Fangda Injects $1.6 Billion More to Keep Hainan Airlines Flying

Carrier will use capital to ease financial pressure in the wake of Covid-19 lockdowns

07 19, 2022 15:03 PM

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed down 0.3%

07 19, 2022 08:49 AM

CX Daily: Will a Barrier to the Yangtze River Save Poyang Lake?

Another Tomorrow Holding unit is cleared for bankruptcy. Hainan Airlines’ operator seeks an emergency loan of $3 billion, sources say

07 18, 2022 15:03 PM

Shanghai Composite Index Rose 1.55% on Monday

Shenzhen Component Index closed up 0.98%

07 16, 2022 19:44 PM

Exclusive: Hainan Airlines’ Operator Seeks $3 Billion Emergency Loan, Sources Say

Liaoning Fangda took over the airline from the beleaguered HNA Group in December, but has struggled to stem ballooning losses

06 17, 2022 08:58 AM

CX Daily: Why Relocating Mainlanders See Singapore as a Safe Haven for Their Businesses and Property

China’s electricity consumption continues to fall. Property developers face imminent deadlines to repay multibillion-dollar debts

06 16, 2022 17:44 PM

Caixin China Biz Roundup: China Resumes Processing Family Visit Visas

The move comes after a two-year suspension; Shanghai wholesalers are demanding rent exemptions; and HNA Innovation faces delisting

06 16, 2022 15:03 PM

Shanghai Composite Index Fell 0.61% on Thursday

Shenzhen Component Index closed up 0.11%

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