Search Results for:Prudence Ho

China’s HNA explores sale options for Avolon plane leasing business

HNA has held talks with companies controlled by the families of Hong Kong billionaires Li Ka-shing and Henry Cheng.


Chinese tycoon to buy Irish plane lessor for roughly $2.8b

NWS and Chow Tai Fook are the latest to join a slew of companies in Asia to bet on aircraft leasing as a travel boom in the region fuels demand for planes from airlines


Wang Jian, co-chairman of once-acquisitive HNA Group, dies in accident in France

Wang’s sudden death comes at a time that the group, one of China’s most indebted companies, is seeking to recover from soaring borrowing costs after years of debt-fueled expansion.


CK Hutchison to buy Veon out of Italy telecom venture for $2.9b

Since taking over CK Hutchison in May, Li has displayed the same penchant for deal-making as his father, Li Ka-Shing.


HNA said to sell Minneapolis office tower to Samsung for $320m

The sale along with Tuesday’s deal to sell its stake in Spain’s NH Hotel for $726 million brings the total amount of disposals for the Chinese conglomerate this year to over $14.5 billion


HNA said to sell San Francisco tower to Northwood Investors

HNA made a small profit, having paid $255 million for the property in August 2016.


Li Ka-shing steps down, bringing nearly 7-decade career to an end

Li’s career began in 1950 as a plastic-flowers manufacturer, which he then transformed into a global conglomerate.


Li Ka-shing is not the only Hong Kong tycoon passing the baton

A snapshot of five of Hong Kong’s most important business families that have passed the baton, or will soon, to the next generation.


From sweeping factory floors to HK’s superman, Li Ka-shing’s illustrious career comes to an end

The 89-year-old chairman of CK Hutchison Holdings Ltd. and CK Asset Holdings Ltd. will stay an adviser to the group after stepping down in May.


A look at debt-laden Chinese conglomerate HNA’s asset sale run

The disposals, driven by a liquidity squeeze at HNA, have mainly been real estate and shares.