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Chen Feng HNA

HNA Confirms Sale of NYC Tower at $41M Loss

2019/01/09 by Michael Cole Leave a Comment

HNA Group confirmed today that it has sold a majority stake in a Manhattan office building, as the financially hobbled mainland conglomerate races to sell assets and raise cash.

The parent company of China’s Hainan Airlines said that it had… Read More>>

Chen Feng HNA

HNA Shopping $11B in Properties as Cash Crisis Continues

2018/10/10 by Jan Kot 1 Comment

Troubled Chinese conglomerate HNA Group has put on the market property assets said to be worth up to $11 billion in its latest move to steady the ship, according to a Reuters account.

HNA has provided lists containing some 82… Read More>>

Donald Trump

Trump Said Forcing HNA to Sell $463M NYC Office Tower

2018/08/14 by Michael Cole Leave a Comment

HNA has already sold more than $17 billion in assets in 2018, but even that hypersonic rate of disposals may not be fast enough for the US government, which is now said to have given the Chinese conglomerate an ultimatum… Read More>>

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