Page 218 - சீனா பத்திரங்கள் ஒழுங்குமுறை தரகு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HNA was once China’s biggest dealmaker. Now it faces bankruptcy We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Alexandra Stevenson Save Normal text size Advertisement Its lenders are pushing for bankruptcy. Its chair and co-founder has been quietly stripped of power. Nearly $US10 billion ($13 billion) of its money has been embezzled. HNA Group, the vast Chinese conglomerate that threw tens of billions of dollars at trophy businesses around the world, is nearing the biggest corporate collapse in recent Chinese history. Its dismantling is an extraordinary turn of events for the company that began as a regional airline in China’s southern province of Hainan and grew to own large stakes in Hilton Hotels, Deutsche Bank, Virgin Australia and others. At its height, HNA employed 400,000 people around the world.

New yorkUnited statesChen fengPeter braigWu xiaohuiMichelle luoChina development bankPeople liberation armyAnt groupAnbang insurance groupFosun internationalNew york timesChina securities regulatory commissionSouth china morning postHainan airlinesAli baba group