{"id":121535,"date":"2021-08-19T06:30:18","date_gmt":"2021-08-18T23:30:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-luxury-flat-in-hong-kong-up-for-sale-over-debt-laden-chinese-conglomerates-inability-to-repay-loan\/"},"modified":"2021-08-19T08:10:01","modified_gmt":"2021-08-19T01:10:01","slug":"hnas-luxury-flat-in-hong-kong-up-for-sale-over-debt-laden-chinese-conglomerates-inability-to-repay-loan","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-luxury-flat-in-hong-kong-up-for-sale-over-debt-laden-chinese-conglomerates-inability-to-repay-loan\/","title":{"rendered":"HNA\u2019s luxury flat in Hong Kong up for sale over debt-laden Chinese conglomerate\u2019s inability to repay loan"},"content":{"rendered":"<p>&#013;<br \/>\nA 4,600 sq ft luxury penthouse in Hong Kong, which was previously owned by the debt-laden mainland Chinese conglomerate HNA Group, has been put up for sale by creditors.The fully furnished four-bedroom flat is on the 45th floor of 39 Conduit Road, Mid-Levels, one of the most prestigious addresses in the world\u2019s most expensive property market.The property was bought by Billion Able Corporation in April 2015 for HK$433.9 million (US$55.7 million), or HK$94,326 per square foot, according to Land\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3145536\/hnas-luxury-flat-hong-kong-sale-over-debt-laden-chinese-conglomerates?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">HNA\u2019s luxury flat in Hong Kong up for sale over debt-laden Chinese conglomerate\u2019s inability to repay loan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A 4,600 sq ft luxury penthouse in Hong Kong, which was previously owned by the&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121535","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vCf","jetpack-related-posts":[{"id":82500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-eyes-hnas-last-kai-tak-plot-even-as-it-posts-a-1-5pc-rise-in-2017-core-profit\/","url_meta":{"origin":121535,"position":0},"title":"Wheelock eyes HNA\u2019s last Kai Tak plot even as it posts a 1.5pc rise in 2017 core profit","date":"March 12, 2018","format":false,"excerpt":"\r Wheelock and Co, which pulled in HK$6.4 billion (US$816 million) in property sales over the weekend, said on the Monday that it is interested in HNA Group\u2019s last residential site in Kai Tak should the debt-laden Chinese conglomerate put it up for sale. The company bought a similar site\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-creditors-get-the-go-ahead-to-sell-global-assets-in-multibillion-dollar-restructuring-including-property-in-new-york-hong-kong\/","url_meta":{"origin":121535,"position":1},"title":"HNA\u2019s creditors get the go-ahead to sell global assets in multibillion dollar restructuring, including property in New York, Hong Kong","date":"November 1, 2021","format":false,"excerpt":"\r Creditors of the HNA Group have been given the go-ahead to sell its assets after the Hainan High Court in HNA\u2019s home province on Sunday approved the multibillion dollar restructuring of China\u2019s largest corporate bankruptcy case.Up for grabs are 321 companies out of more than US$40 billion of HNA\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79776,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-steps-up-disposals-with-hk15-8bn-land-sale\/","url_meta":{"origin":121535,"position":2},"title":"HNA steps up disposals with HK$15.8bn land sale","date":"February 13, 2018","format":false,"excerpt":"\r Deal eases debt-laden Chinese conglomerate\u2019s cash flow problems\r \r Source : ft.com\r Read more...HNA steps up disposals with HK.8bn land sale","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68972,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-kai-tak-project-receives-us93m-capital-injection-from-subsidiary\/","url_meta":{"origin":121535,"position":3},"title":"HNA\u2019s Kai Tak project receives US$93m capital injection from subsidiary","date":"October 13, 2017","format":false,"excerpt":"\r A subsidiary of HNA Group, Hong Kong International Construction Investment Management Group (HKCIM), has injected HK$728 million (US$93.24 million) into a land parcel owned by its parent at Kai Tak, the site of Hong Kong\u2019s former airport. HNA has splashed out a total HK$27.2 billion (US$3.48 billion) on four\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163703,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wealthy-mainland-chinese-western-expats-drive-hong-kong-luxury-flat-rentals\/","url_meta":{"origin":121535,"position":4},"title":"Wealthy mainland Chinese, Western expats drive Hong Kong luxury flat rentals","date":"November 2, 2025","format":false,"excerpt":"\r The number of luxury flat rental deals in Hong Kong continued to rise this year, buoyed by demand from wealthy mainland Chinese and Western expatriates, amid the city\u2019s stock market rally and the government\u2019s efforts to attract more affluent investors, according to agents. In the first nine months of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-holding-reports-net-loss-of-hk21-9-million-for-2016\/","url_meta":{"origin":121535,"position":5},"title":"HNA Holding reports net loss of HK$21.9 million for 2016","date":"March 21, 2017","format":false,"excerpt":"\r HNA Holding Group, the Hong Kong-listed unit of the Chinese conglomerate and owner of Hainan Airlines, has posted a sixth consecutive year of financial losses. The company on Tuesday reported a net loss of HK$21.9 million for 2016 after persistent bad weather and fierce competition hit golf and hotel\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121535"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121535"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121535\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}