HNA faces leery banks as refinancing for Hong Kong project looms

Land sites under construction at the former Kai Tak airport area. Photographer: Anthony Kwan/Bloomberg

When HNA Group Co., the Chinese conglomerate that’s been buying up companies worldwide, spent $3.5 billion in Hong Kong earlier this year on land for its first luxury real estate development, it had no problems getting bank funding.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Should your colleagues be reading this article too? Contact us for corporate subscriptions at subs@dealstreetasia.com.