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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 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
Coronavirus Live Updates | Saturday: China PMIs Hits Historic Low, Iran and South Korea Outbreaks Grow
Beijing suspends taxis out of city; Wuhan doctors release autopsy findings; Hainan takes over HNA debt
China to Manage HNA’s Debt as Virus Pushes Group Over the Edge
Hainan government appoints executive chairman for company after renewed focus on aviation and tourism ahead of coronavirus outbreak spelt doom for corporate giant
Government Team to Deal With HNA’s Worsening Liquidity Crisis
Hainan provincial government to hatch plan to ease its cash crunch, sources say
Airlines Warn of First Global Traffic Drop Since 2009 on Virus
The drop would be the first overall decline since the financial crisis
Prosecutors Sign Off on Arrest of Former Boss of Policy Bank CDB
Authorities have issued a warrant for Hu Huaibang, who is under suspicion for taking bribes
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