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

10 02, 2021 17:00 PM

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

10 01, 2021 09:40 AM

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

09 30, 2021 21:16 PM

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

09 29, 2021 15:03 PM

Shanghai Composite Index Fell 1.83% on Wednesday

Shenzhen Component Index closed down 1.64%

09 29, 2021 08:43 AM

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

09 28, 2021 20:45 PM

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

09 28, 2021 09:32 AM

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

09 27, 2021 20:12 PM

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

09 27, 2021 15:03 PM

Shanghai Composite Index Fell 0.84% on Monday

Shenzhen Component Index closed down 0.09%

09 25, 2021 08:01 AM

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

09 24, 2021 21:30 PM

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

09 23, 2021 06:09 AM

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

09 14, 2021 15:03 PM

Shanghai Composite Index Fell 1.42% on Tuesday

Shenzhen Component Index closed down 0.54%

09 14, 2021 10:07 AM

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

09 13, 2021 20:45 PM

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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