Once High-Flying HNA Group Enters Bankruptcy Proceedings

Once High-Flying HNA Group Enters Bankruptcy Proceedings
The HNA logo is seen on a building in Beijing on Feb. 18, 2016. Greg Baker/AFP via Getty Images
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News Analysis

HNA Group, the acquisitive conglomerate once synonymous with China’s global ambitions, has succumbed to its massive debt load and entered bankruptcy proceedings at the behest of its creditors.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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