Sep 3rd, 2018
HNA Starts to Trim Down Debt Pile Further by Selling Assets
China’s embattled HNA Group, which has managed to reduce one of the country’s biggest debt piles by selling off dozens of assets, will probably need to slim down even further before regaining the trust of investors. The conglomerate’s total debt fell 9.5 percent to 541.6 billion yuan ($79 billion) at the end of June. Bloomberg's Dave McCombs reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
