HNA GROUP

China's Prodigal Son HNA Group Lops 33% Off Its C919 Order

China's Prodigal Son HNA Group Lops 33% Off Its C919 Order

China's indebted HNA Group has chopped 33 percent off its earlier plan to buy 300 Chinese C919 large passenger jets.

Jun 20, 2018
Xu Wei
HNA’s Tianjin Airlines Drops Plan to Buy Airbus Planes

HNA’s Tianjin Airlines Drops Plan to Buy Airbus Planes

Tianjin Airlines will forgo the right to buy 20 Airbus planes in the latest belt-tightening at a unit of debt-laden Chinese conglomerate HNA Group. It now plans to lease five of the aircraft instead.

Jun 14, 2018
Tang Shihua
Hainan Airlines to Buy HNA Group Assets, Raise USD1.1 Billion

Hainan Airlines to Buy HNA Group Assets, Raise USD1.1 Billion

Hainan Airlines Holding plans to acquire CNY10 billion (USD1.6 billion) of HNA Group assets and raise up to CNY7 billion…

Jun 11, 2018
Chen Shanshan
Indebted HNA Group to Order 300 COMAC Planes to Promote Chinese Aircraft Expertise

Indebted HNA Group to Order 300 COMAC Planes to Promote Chinese Aircraft Expertise

Debt-laden Chinese conglomerate HNA Group will order 300 aircraft from the country's state-owned aircraft manufacturer, which suggests HNA is returning…

Jun 4, 2018
Chen Shanshan
HNA Group Offloads South African Comair Shares in Further Asset Disposition

HNA Group Offloads South African Comair Shares in Further Asset Disposition

China’s HNA Group Co. has unloaded all its shares in the South African airline Comair Ltd. via its subsidiary in…

May 18, 2018
Xu Wei
HNA to Sell Shanghai Property to Fusheng Group for USD456.7 Million

HNA to Sell Shanghai Property to Fusheng Group for USD456.7 Million

A unit of debt-laden Chinese conglomerate HNA Group Co. plans to sell real-estate assets in Shanghai’s Pudong financial district for…

May 2, 2018
Tang Shihua
HNA Ditches Bid for Scaramucci's Investment Firm SkyBridge

HNA Ditches Bid for Scaramucci's Investment Firm SkyBridge

Struggling conglomerate HNA Group Co. has given up on its bid for investment firm SkyBridge Capital, founded by US President…

May 2, 2018

 Xu Wei
HNA Strikes Government Deals in Tianjin to Bolster Air Transport

HNA Strikes Government Deals in Tianjin to Bolster Air Transport

Struggling conglomerate HNA Group Co. has penned several deals with state-owned companies in China’s northern city of Tianjin to improve…

Apr 25, 2018
Xu Wei
HNA Loses Majority Stake Position in Deutsche Bank

HNA Loses Majority Stake Position in Deutsche Bank

HNA Group Co. has given up its position as the largest shareholder of Europe’s largest investment bank Deutsche Bank AG, as part of…

Apr 23, 2018
Liao Shumin
HNA Group Offloads USD192 Mln Stake in Guangzhou Rural Commercial Bank

HNA Group Offloads USD192 Mln Stake in Guangzhou Rural Commercial Bank

Aerial Wonder Company Ltd. affiliated to HNA Group Co. sold its stake in Guangzhou Rural Commercial Bank Co. It follows a series of asset disposition by the HNA Group to pay back loans.

Apr 19, 2018
Liao Shumin
US Shoots Itself in Foot in Trade Stand-Off as Chinese Investment Drops 30%

US Shoots Itself in Foot in Trade Stand-Off as Chinese Investment Drops 30%

Chinese companies’ investment in the US fell sharply, to USD29.4 billion last year from USD45.2 billion in 2016, a drop…

Apr 12, 2018
Guo Liqin & Feng Difan
HNA Unit Buys E-Commerce Site Dangdang for USD1.2 Billion Amid Group’s Mass Selloff

HNA Unit Buys E-Commerce Site Dangdang for USD1.2 Billion Amid Group’s Mass Selloff

Tianjin Tianhai Investment Co., a unit under cash-strapped conglomerate HNA Group Co., plans to issue new shares to fully acquire…

Apr 12, 2018
Liao Shumin