Around 67,400 HNA creditors seek claims of $188bn – report
Around 67,400 creditors are seeking a total of CNY1.2 trillion yuan (USD188 billion) in claims from HNA Group, an anonymous… Read More »
China’s AJ Group enters race for HNA Group assets
Shanghai-based wealth and asset management firm AJ Group has been revealed as one of the investors in a consortium that… Read More »
Budapest partners Zhengzhou to bolster China-EU cargo growth
Budapest Airport Ltd., the operator of Budapest Ferenc Liszt International Airport, has signed an expanded cooperation agreement with the Henan… Read More »
China’s Juneyao Air targets HNA Group assets – report
Juneyao Air (HO, Shanghai Hongqiao) is establishing an investment company together with strategic investors as a means of investing in… Read More »
China Development Bank fined ¥42.7mn for HNA loan guarantee
The Hainan branch of the government-owned China Development Bank (CDB) has been fined exactly CNY42.6616 million yuan (USD6.56 million) for… Read More »
Creditors file for HNA Group’s bankruptcy
The Hainan High People’s Court initiated bankruptcy reorganisation proceedings against HNA Group acting upon a petition filed by an unnamed… Read More »
US designates COMAC, Air China’s parent as military users
The United States Department of Defence (DOD) has added COMAC (Shanghai Pudong), Grand China Air (CN, Haikou), and China National… Read More »
American opens Seattle-Shanghai bookings
American Airlines plans to serve Shanghai daily from Seattle as it further builds its long-haul network from the West Coast… Read More »