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Government Team to Deal With HNA’s Worsening Liquidity Crisis

2020年02月21日 22:04 来源于 财新网
Hainan provincial government to hatch plan to ease its cash crunch, sources say
In January, HNA carried nearly 35% fewer passengers than the same period a year earlier. Photo: VCG

The government has decided to step in to prop up cash-strapped HNA Group Co. Ltd., as the coronavirus outbreak exacerbates the conglomerate’s long-running liquidity crisis.

The government of Hainan, the southern island province where HNA is based, has decided to dispatch a team to HNA to devise a rescue plan to ease its cash crunch with the cooperation of its current management team, Caixin has learned from multiple sources.

版面编辑:喻竹杨洋

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