HNA to Win ‘War’ Against Debt Problems Next Year, Chairman Says
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HNA Group Co.’s chairman predicted 2020 will be “the decisive year to win the war” against the Chinese conglomerate’s long-running liquidity challenges.
HNA endured another year of difficulties with liquidity but it’s the group’s “political duty” to overcome the challenge, Chairman Chen Feng said on the company’s WeChat page. Still, the message didn’t specify how HNA would overcome its struggles beyond “hard work.”