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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
Wanda Sells Chicago Tower for $270 Million in Further Asset Unwinding
Partner Magellan Parcel acquires 90% stake as Chinese conglomerate unloads its last remaining foreign real estate asset in long-running cleanup after breakneck expansion
Former Policy Bank Chief Stands Trial on $12 Million Bribery Charge
Hu Huaibang accused of influence-peddling over a decade and funneling dubious credit to former highflyers CEFC China Energy and HNA Group
Five Things to Know About the Dismantling of Xiao Jianhua’s Tomorrow Holding
The seizures of nine companies linked to the conglomerate mark a major step in regulators’ efforts to unravel fallen tycoon’s financial empire
Former ‘Amazon of China’ Finds New Role at Center of B-List Divorce Drama
Latest chapter in feud between Dangdang co-founders sees estranged husband Li Guoqing detained on allegations of forcibly taking documents from company premises
China’s Growing Dollar Bond Defaults Reveal Depth of Stress
Debt failures in the offshore market have jumped nearly 150% to $4 billion this year
China Business Digest: South Korea Sees New Covid-19 Spike; Chinese Mainland Reports No New Cases
Premier says Covid-19 relief funds should go to companies and individuals in need; China has ‘positive and open attitude’ toward joining CPTPP
Panama Shipper Seeks to Wind Up Debt-Ridden HNA Group, Again
Hong Kong court petition adds to woes of a former high-flying conglomerate facing a pandemic-driven cash crunch while buried under a mountain of debt
China Business Digest: Premier Says China Doesn’t Want Cold War, U.S. Decoupling; HNA Faces Liquidation Case in Hong Kong
Leading Chinese TV maker Hisense plans sale of 17.2% of equity in mixed-ownership restructuring; coronavirus test gear maker MGI Tech raises $1 billion
Charts of the Day: China’s Airlines Bank on Travel Revival After First Quarter Carnage
Big carriers report $700 million losses as balance sheets bleed out due to impact of Covid-19
HNA Bondholders Challenge Vote Favoring Payment Extension
Last-minute reprieve on $55.3 million domestic bond default was engineered, several creditors say in complaints filed with regulators
Troubled HNA Group Dodges Debt Bullet After 11th-Hour Meeting
Aviation-to-leisure conglomerate heads off bond default after investors agree to repayment extension
HNA’s Swissport Hires Houlihan Lokey to Advise on Debt
Beleaguered airport ground services provider weighs restructuring $1.7 billion of debt as it faces new liquidity crisis amid coronavirus pandemic-driven freezing-up of air travel
Ex-Boss of Citic Bank Expelled From Communist Party for Bribery
Sun Deshun abused his power to seek benefits for his relatives and friends, graft buster says
In Depth: How China’s Regulators Dismantled a Financial Empire
Anbang Insurance, brought down by the hubris of its founder, Wu Xiaohui, has undergone radical surgery and is now ready for a new life under new management
HNA’s Home Province Forms Working Group to Lead Rescue
Group will be led by senior official Gu Gang, chairman of Hainan Development Holdings, coordinator of big projects on the island province
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