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Offshore unit of China's HNA Group approaches liquidity crunch

Cash and current assets of HNAI cover its current liabilities with just 8% headroom, down from 26% earlier

Hong Kong

THE short-term debts of HNA Group's main offshore fundraising arm are close to outstripping its ability to meet them, according to figures provided in documents for the acquisitive Chinese conglomerate's most recent bond deal, where the unit paid almost 9 per cent for a one-year

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