The HNA Group logo is seen in this illustration photo June 1, 2017. Photo: ReutersThe HNA Group logo is seen in this illustration photo June 1, 2017. Photo: Reuters
The HNA Group logo is seen in this illustration photo June 1, 2017. Photo: Reuters

HNA Group halts trading of its note in Shanghai as a hasty plea for time caused panicking investors to flee its debt issues

  • HNA Group halted the trading of its 5.99 per cent, 3 billion yuan note in Shanghai, after its price plunged by as much as 31 per cent
  • The company apologised for a hastily called teleconference overnight to announce the postponement of payments on a separate tranche of 1.15 billion yuan bond, due today
Topic |   HNA Group
The HNA Group logo is seen in this illustration photo June 1, 2017. Photo: ReutersThe HNA Group logo is seen in this illustration photo June 1, 2017. Photo: Reuters
The HNA Group logo is seen in this illustration photo June 1, 2017. Photo: Reuters
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