News China08 Dec 2017

HNA's restructuring of stakes in insurer thwarted

08 Dec 2017

China's HNA Investment Group, part of the aviation-to-financial services conglomerate HNA Group, said it has withdrawn a private placement plan involving CNY5.2 billion (US$786 million), a move which is seen as ending the group's plans to restructure its holdings in Sinosafe General Insurance.

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