China’s embattled  HNA Group is again selling assets to pay down its debt burden. In a statement to the Hong Kong stock exchange Tuesday, HNA unit Hong Kong International Construction Investment Management Group Co Ltd said  it will sell two Hong Kong properties to Henderson Land Development Co Ltd for HK$16 billion (US$2 billion). Sale of the two pieces of land in Hong Kong’s Kai Tak district, formerly home to Hong Kong’s international airport, is expected to be completed on February 14, …

China’s HNA Group Selling $2B Hong Kong Properties To Cut Debt Burden appeared first on China Money Network.


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