Topics
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
Editorial: Lessons From the Collapse of Silicon Valley Bank
By taking every crisis suffered by others seriously, we can minimize our own crises
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.
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
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
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
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%
Sign in with Google
Sign in with Facebook
Sign in with 财新