Tuesday, April 16, 2019

HNA Unit Faces Asset Seizure After Loan Default

A unit of cash-strapped Chinese conglomerate HNA could face losing nearly all of it assets after it failed to make interest payments and fees on a multi-million-dollar loan.

The assets include properties in the UK and the US as well as golf courses in China.

Patrick Fok reports.

in: CWT International
out: 10th April.
Dur: 39 secs