HNA's NYC Charity Owner Told by A.G. to Register With State
- Chinese conglomerate is buying White House aide’s hedge fund
- Two charities own a combined 52 percent of the Chinese company
HNA Faces Questions on $1B CWT Deal
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New York State’s top cop is joining an effort to solve a riddle -- who or what controls HNA Group Co., the Chinese conglomerate that’s been collecting stakes in banks, hotels and is poised to buy Anthony Scaramucci’s hedge fund firm.
Eric Schneiderman, the New York Attorney General, sent a letter Thursday asking for more information about a charity that owns part of HNA. This week, the conglomerate disclosed that Manhattan-based Hainan Cihang Charity Foundation Inc. and a second charity in China together control 52 percent of the company.