HNA unit to lead two funds worth $3.2b linked to China's Belt and Road

HNA unit to lead two funds worth $3.2b linked to China's Belt and Road

The HNA Group Co. building, right, stands in Beijing, China, on Thursday, Feb. 1, 2018. Photographer: Giulia Marchi/Bloomberg

Chinese conglomerate HNA Group’s unit HNA Capital said it will lead two funds totaling 20 billion yuan ($3.17 billion) that will focus on investments linked to the ambitious Belt and Road initiative of the world’s second-largest economy.

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