March 19, 2018 / 4:17 AM / 8 months ago

HNA plans to sell $2.2 billion properties across China: Bloomberg

FILE PHOTO: A HNA Group logo is seen on the building of HNA Plaza in Beijing, China February 9, 2018. REUTERS/Jason Lee/File Photo

BEIJING (Reuters) - China’s HNA Group is planning to sell properties worth $2.2 billion including office buildings and hotels across China, Bloomberg reported on Monday, citing sources familiar with the matter.

The sales plan is part of the embattled conglomerate’s latest string of asset disposals to repay its debts, according to Bloomberg.

Reporting by Beijing Monitoring Desk; Editing by Shri Navaratnam

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