Posted inChina, Hong Kong

HNA subsidiary nets US$310 mln in Hainan Island deal

After selling three valuable pieces of land in Hong Kong, debt-plagued Chinese conglomerate HNA Group has now begun selling domestic real estate companies, Yicai.com reported. HNA Infrastructure Investment Group Co. Ltd. said on Monday that it plans to sell its property and logistics units in Hainan Island to real estate developer Sunac China for 1.933 […]

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