China HNA’s financing costs soar after $45b shopping spree

China HNA’s financing costs soar after $45b shopping spree

The HNA Group Co. building stands in Beijing, China, on Wednesday, Aug. 9, 2017. Photographer: Qilai Shen/Bloomberg

HNA Group Co.’s financing costs more than doubled during the first half of the year, signaling the conglomerate’s $45-billion-plus acquisition spree since 2015 is catching up with the company.

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