Huarong and HNA: two credits, one mirror image

Are bond investors failing to heed HNA’s lessons by taking a sanguine view about Huarong’s financial woes?
Lai Xiaomin
Lai Xiaomin
September 28, 2018

It has – so far – been a tale of two credits for Huarong and HNA, two Chinese borrowers which are being forced to slash their asset bases to avoid a liquidity crunch.

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