HNA Group Archives

US Nov. 24, 2021, 6:35 AM

How China handled 3 high-profile corporate meltdowns, including companies considered too big to fail — and what that could tell us about Evergrande’s future

Anbang, Baoshang, and HNA are three of China's most high-profile corporate meltdowns in recent years. Authorities stepped in to manage all of them.

Markets Mar. 1, 2018, 5:45 PM

A Chinese conglomerate is planning to cut a staggering 100,000 staff as debt pressures mount

The HNA Group — a large private conglomerate based in China — is planning to cut up to a quarter of its global workforce of 400,000 staff, according to a report in the South China Morning Post (SCMP). The SCMP cited a report from the Risk Event-Driven and Distressed Intelligence […]

Markets Feb. 2, 2018, 4:38 PM

A Chinese conglomerate struggling with billions in debt is reportedly asking its own staff for money

A Chinese conglomerate struggling under mounting debt has been reaching out to its own employees in search of loans that appear to be pitched as investments. HNA Group sent an emails to its staff asking them to invest their money into various company initiatives, promising high returns in some cases, […]

News Nov. 4, 2017, 3:00 AM

One of China’s most powerful CEOs believes the future of US industry lies in the Middle Kingdom

HNA Group CEO Adam Tan is one of the most...

News Jan. 11, 2017, 9:40 AM

The latest ANZ bank asset selloff is a car loan finance company in New Zealand

The ANZ Bank has sold UDC Finance, a car loan finance company in New Zealand, for $NZ660 million ($A625 million), the latest in a series of asset sales. The unit, an asset finance business of ANZ’s wholly-owned subsidiary ANZ Bank New Zealand, is being sold to the China-based conglomerate HNA […]

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How China handled 3 high-profile corporate meltdowns, including companies considered too big to fail — and what that could tell us about Evergrande’s future

A Chinese conglomerate is planning to cut a staggering 100,000 staff as debt pressures mount

A Chinese conglomerate struggling with billions in debt is reportedly asking its own staff for money

One of China’s most powerful CEOs believes the future of US industry lies in the Middle Kingdom

The latest ANZ bank asset selloff is a car loan finance company in New Zealand

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