HNA Group, the Chinese conglomerate that spent a record HK$27.2 billion (US$3.5 billion) on four residential sites in Hong Kong, said it will seek “different kinds” of funding to pay for the development.
“We want to have different kinds of funding, including investment funds formed by listed arms as well as borrowing from financial institutions,” said Huang Qijun, a member of the HNA Group board of directors and chairman of the Hong Kong International Construction…
Source : South China Morning Post
Read more…HNA to tap ‘different kinds’ of funding to help pay for US.5bn Kai Tak project
