Chinese court greenlights HNA Group’s restructuring plan
Hainan Airlines Holding is set to proceed with its restructuring and creditor repayment plan after the Hainan Provincial Higher People’s… 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 »
China’s Economy Shows Signs of Recovery as Consumer Spending Increases
According to Brendan Ahern, Chief Investment Officer of KraneShares, China’s pandemic-affected economy is witnessing a gradual rebound in consumer spending…. Read More »
Five year plan foresees PIA return to profitability by 2024
A five-year business rescue plan prepared by the International Air Transport Association (IATA) foresees struggling state carrier PIA – Pakistan… Read More »