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Hainan free trade port eyes greater opening-up
HAINAN, China, April 12 (China Daily/ANN): Tower cranes lined up one after another at a building site near the coast, with construction equipment shuttling back and forth and structures rising from the ground.
Insight - Leasing deal push evokes past glories to shape aviation’s future
A tie-up between leasing giants AerCap and General Electric unit GECAS would reshape global air finance and carve out a new chapter in one of Ireland’s greatest corporate adventures.
China's embattled HNA Group unit shares slump as creditors seek bankruptcy
HONG KONG/SHANGHAI: Shares in listed companies linked to China's HNA Group slumped on Monday, after the troubled conglomerate disclosed that its creditors had applied for its bankruptcy and that nearly $10 billion had been embezzled by shareholders of its three units.
Insight - Goldman solution could work out fine for Jack Ma
ATTEMPTING to regain the good graces of Chinese authorities, Jack Ma’s Ant Group is considering becoming a financial holding company that would be regulated like a bank.
Platinum Equity nears US$7bil deal
Beverly Hills: US private equity firm Platinum Equity will buy HNA Group Co’s technology distribution business Ingram Micro Inc in a deal valued at about US$7.2bil.
Insight - Cathay Pacific sees a discount path to survival
FOR an airline built in an era of globe-spanning cosmopolitanism, a pandemic that’s shut the world’s borders is particularly brutal
Bain buys Virgin Australia in bold bet on shattered industry
BAIN Capital LP agreed to buy collapsed Virgin Australia Holdings Ltd. in one of the biggest single bets on the airline industry since it was shattered by the coronavirus pandemic.
Shinsei to buy NZ’s UDC Finance for US$480mil
SYDNEY: Shinsei Bank Ltd said it will buy New Zealand’s top non-bank finance provider, UDC Finance Ltd, for US$480mil in its biggest overseas acquisition to date and marking the latest asset purchase by a Japanese company eager to move beyond a low-growth home market.
There really is no place like home in Covid-19 Hong Kong
IF working from home during the pandemic has shown anything, it’s that apartments and houses are our castles, like it or not. Hong Kong is emerging from a semi-lockdown (restaurants open, schools shut, workers everywhere on the home-office spectrum) and it’s clear that investors see refuge in housing, too.