Search Results for:Prudence Ho

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.

China’s HNA unit discloses its shareholding in US investment bank Lazard

HNA Capital Group Co., held 58,655 Lazard shares, or less than a 0.1 percent stake, as of Dec. 31.

HNA trims stake in Deutsche Bank, pledges to remain significant investor

HNA held 9.2% of voting rights in Deutsche Bank, according to a regulatory filing Friday, down from 9.9% previously.

China: HNA unit sells 12% stake in US firm Dorian LPG at loss to pare debt

HNA Investment Management LLC sold 6.4 million shares, or 12 percent, of Dorian LPG Ltd. at $7.30 apiece on Friday.

China’s HNA to sell Sydney office building to Blackstone for $161m

This could be the acquisitive conglomerate’s first-ever disposal of an overseas property as it struggles with mounting debts.