China’s HNA defaults on Rmb300m loan: trust co海航创新未能如期偿还向湖南信托申请的3亿元人民币信托贷款,后者表示将申请冻结海航资产。
更新于2018年9月13日 16:59 By Lucy Hornby,Archie Zhang
Chinese aviation-to-finance conglomerate HNA has defaulted on a Rmb300m ($43.8m) loan raised through a trust company, the lender said on Thursday as it sought to freeze HNA assets.
The announcement is a sign that HNA’s liquidity woes are beginning to have a broader impact outside the formal banking sector.