Prudence Ho
Stories by Prudence Ho
A look at debt-laden Chinese conglomerate HNA’s asset sale run
The disposals, driven by a liquidity squeeze at HNA, have mainly been real estate and shares.
China’s HNA unit discloses its shareholding in US investment bank Lazard
HNA Capital Group Co., held 58,655 Lazard shares, or less than a 0.1 percent stake, as of Dec. 31.
HNA trims stake in Deutsche Bank, pledges to remain significant investor
HNA held 9.2% of voting rights in Deutsche Bank, according to a regulatory filing Friday, down from 9.9% previously.
China: HNA unit sells 12% stake in US firm Dorian LPG at loss to pare debt
HNA Investment Management LLC sold 6.4 million shares, or 12 percent, of Dorian LPG Ltd. at $7.30 apiece on Friday.
China’s HNA to sell Sydney office building to Blackstone for $161m
This could be the acquisitive conglomerate’s first-ever disposal of an overseas property as it struggles with mounting debts.
Debt-laden HNA seeks external investors for Hong Kong property
It’s unusual for developers in Hong Kong to raise funds for projects through outside investors because they can easily borrow money from banks at lo
HNA unit seeks more time to arrange for loan for luxury HK development
This is the second time that HNA, which has spent tens of billions of dollars in acquisitions in recent years, protracted a debt arrangement.
China’s HNA mulls sale of two London Canary Wharf offices to pare debt
The company, which started as a regional airline, is planning to sell about $5 billion of assets by April.
HNA gave false detail on Gategroup bid, rules Swiss regulator
HNA Group Co., the acquisitive Chinese conglomerate, is facing widening global scrutiny of its overseas purchases.
China HNA banned from transactions with insurance unit for six months
China Insurance Regulatory Commission told HNA’s Bohai Life Insurance to stop some direct and indirect transactions.