David Fickling, Columnist

Hainan's Bottomless Credit

The owner of a debt-laden Chinese airline is buying assets all over the world.

April 20, 2016 at 7:15 AM UTC

Corrected

April 20, 2016 at 9:17 AM UTC

David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times.

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Will any company that's not had a takeover bid from China's HNA Group over the past year please stand up?

The offer Wednesday to buy out remaining minority shareholders in Tysan, a Hong Kong-based foundation engineer, brings total acquisition spending by the owner of Hainan Airlines and its associates to almost $20 billion over the last 12 months.