China's HNA Group to receive $5.9b in strategic investment

China's HNA Group to receive $5.9b in strategic investment

The HNA Group Co. building stands in Beijing, China, on Wednesday, Aug. 9, 2017. Photographer: Qilai Shen/Bloomberg via Getty Images

China’s HNA Group will receive strategic investment of 38 billion yuan ($5.88 billion) after its restructuring which will go to eleven of its entities including its flagship carrier Hainan Airlines, two sources said on Monday.