Originally Posted by
mngmt mole
HNA will do fine. There are several very deep pocket companies that are ready to buy out HNA if the opportunity arises. They are too big to fail.
I needed a laugh and that was it. Do you have any idea how indebted the HNA group is? Google them for this weeks haemorrhaging. To say they will do fine is utter garbage, their latest bond issue hit junk status, they've been denied investment opportunities in Australia and NZ because the respective governments doing due diligence view HNA as insolvent.
No one is stepping in, if anything they'll shrink down to where they were 10 years ago.