Hainan Airlines shares plunge on reorganisation, profit warning
The share prices of key subsidiaries of HNA Group took a beating on Monday after the beleaguered Chinese conglomerate announced a bankruptcy restructuring. One of its companies, Hainan Airlines Holding Co, also forecast $10bn of losses for 2020.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: