Posted inBeijing, China, Shanghai

HNA Hospitality to cease issuing corporate bond

HNA Hospitality Group, the hotel unit of Chinese conglomerate HNA Group, has ceased issuing 2 billion yuan (US$310 million) in corporate bonds, according to an announcement from the Shanghai Stock Exchange, The Paper reported. The company told The Paper that due to changes in the group’s financing needs, it decided to withdraw the application filed […]

%d bloggers like this: