HNA Group’s logo on the building of HNA Plaza in Beijing on February 9, 2018. Photo: Reuters

HNA’s cash pile shrinks 20 times faster than debt as the progress of the conglomerate’s asset sale drags on

  • Cash, equivalents and short-term investments as of the end of June tumbled 61 per cent from a year earlier, according to HNA’s interim report
  • Total debt fell 3 per cent
Topic |   HNA Group

TOP PICKS

HNA Group’s logo on the building of HNA Plaza in Beijing on February 9, 2018. Photo: Reuters
READ FULL ARTICLE