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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
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
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
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
Shanghai Composite Index Ended Nearly Flat on Tuesday
Shenzhen Component Index closed down 0.3%
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
Shanghai Composite Index Rose 1.55% on Monday
Shenzhen Component Index closed up 0.98%
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
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
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
Shanghai Composite Index Fell 0.61% on Thursday
Shenzhen Component Index closed up 0.11%
HNA Innovation Kicked Off Shanghai Stock Exchange
Former unit of HNA Group commences delisting after four years of losses and dwindling revenue
China Puts New Financial Holding Companies in Systemic Risk Management
After clearing the first two FHCs, central bank is reviewing three other applicants, head of Macroprudential Policy Bureau says
Update: China Approves First Two Financial Holding Companies
State-owned Citic and Beijing Financial Holdings get the go-ahead some 18 months after the central bank released rules tightening oversight of nonfinancial conglomerates
CX Daily: China’s Tightening of Online Insurance Sales Starts to Bite
Deutsche Bank joins its global peers with link to the Beijing Stock Exchange. BYD raises the price of its electric vehicles again
Shanghai Composite Index Rose 1.4% on Thursday
Shenzhen Component Index closed up 2.41%
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