Posted inChina

Bond setback for HNA Group’s hotel arm

A few days after the Chinese conglomerate HNA Group dismissed bankruptcy rumours about its subsidiary, Hainan Airlines, The Paper reported that another subsidiary, HNA Hotels, failed to issue private corporate bonds. According to the Shanghai Stock Exchange, a 2-billion-yuan non-public issuance of corporate bonds by HNA Hotels Holdings Group Co. Ltd. was terminated on Monday, […]

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