Search results for “HNA Group”
Debt-ridden Chinese conglomerate HNA Group resolves risks after 2 years
04/25/2022|6:38:30 PM|
The merger and reorganization plan involving 321 firms has been fully implemented.
HNA transfers airline management to Fangda Group
12/08/2021|5:25:46 PM|
Fangda Group is a conglomerate involved in carbon, steel and pharmaceutical sectors.
HNA Group will postpone submitting draft restructuring plan till November
08/06/2021|9:03:22 PM|
The group may still face the risk of bankruptcy due to the failure of restructuring.
Creditors seeking $187 billion from China's bankrupt HNA Group
06/07/2021|12:20:02 PM|
It is unclear whether strategic investors can be introduced in the short-term.
HNA Group assets attract interest from Fosun, JD.com
05/06/2021|11:43:57 PM|
Some bidders could team up for an investment, and the structure of any potential transaction hasn’t been finalized.
Hainan Airlines expects to return to net profit for 2021
01/28/2022|10:33:02 PM|
The airline expects to report a 2021 net profit of between RMB 4.5-6.2 billion (USD 708-975 million) after suffering a loss of RMB 64 billion a year earlier.
2021 in review: Chinese travel enterprises highlights
01/01/2022|10:30:43 AM|
Hopes mixed with difficulties in a tumultuous year.
HNA Group commences restructuring with 321 subsidiaries
03/18/2021|7:38:04 PM|
The restructuring follows creditors of the group filing applications calling for the group’s bankruptcy due to its huge debt crisis with total liabilities amounting to USD 107 billion.
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