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HNA's liquidity in question as Citic Bank cites repayment issues

Published Mon, Dec 18, 2017 · 09:50 PM
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Shanghai

CITIC Bank Corp said a unit of HNA Group Co is having difficulty repaying certain short-term debts, just over a week after the Chinese conglomerate said it won't default in the coming year.

HNA Aviation Group Co has had trouble paying bankers' acceptances - debt instruments that mature in the short term - and…

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