Asia Connect /
Treasury & Capital Markets
HNA Group gets underway with the sale of the century
HNA Group is initiating a vast programme of asset sales in order to reduce its debt burden.
With local press reports saying that HNA Group is targeting US$16 billion worth of asset sales in the first half of 2018, analysts are assessing what could be sold quickly to raise cash.
They add that any further HNA expansion is likely to be more in line with the goals of the Belt and Road initiative.
Michael Marray
1 Feb 2018
With local press reports saying that HNA Group is targeting US$16 billion worth of asset sales in the first half of 2018, analysts are assessing what could be sold quickly to raise cash.