China took over management of HNA Group Co.’s liquidity risks after the coronavirus outbreak hit the travel industry and the indebted conglomerate’s main source of income, a sign the government is taking more dramatic steps to contain the fallout for business from the epidemic.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com