20/10/2017-4

HNA through the Department of financing for Kai Tak to find the number

Hewlett-Packard Group, announced yesterday through the Group’s Hong Kong-based Hong Kong International Investment (687), the company’s holding company The total amount of 6.03 billion yuan of international funds for the purchase of Hainan Airlines in November last year, the Kai Tak land project, the international construction and its direct and indirect holding company, the Fund injected a total of 728 million yuan, accounting for the Fund (project) 12.07% interest.

In other words, HNA through the listed companies to book discounts to the Group to buy Kai Tak project, the implementation of “their own project to save themselves,” and show financial strength and abundant funds. But the market believes that the long-term financing arrangements for the first land project in Haidong Kai Tak are still in discussions with banks.

$ 3.5 billion loan expires next month

Hainan Airlines in November last year to 88.37 billion yuan to vote for the first site (1K District No. 3), its 3.5 billion 1-year transition period loans expire early next month, the news that HNA at the end of last month has provided three transition Loans to banks, early repayment of about two-thirds of loans, that is, about 20 billion yuan.

(BDL), and indirectly wholly-owned company HKICIM (GP), and the controlling shareholder of the Hainan Airlines Group indirectly under the wholly-owned subsidiary of the maritime international, entered into an agreement to set up a joint venture to establish a wholly-owned subsidiary of the wholly-owned subsidiary of Benefit Developments Ltd (BDL) A total of about 6.03 billion Hong Kong dollars of funds, investment management HNA Industrial International’s company, in November last year to buy the Kai Tak project, the international investment to spend 728 million yuan to subscribe for 12.07% stake in the company, Haixi International is the purchase of the remaining 87.93% stake.

Hong Kong International Construction Bank closed at 3.18 yuan, up 0.95% yesterday, the company pointed out that this can enhance capital utilization, profitability and development of Kai Tak project capital appreciation.

In addition, the “Wall Street Journal” reported that China Insurance Regulatory Commission in the first day of the week within the chain issued five circulars, including the subordinate Bohai Life, including Bohai Life, including five insurance companies, the next six months to make any direct or related transactions, meaning HNA’s Bohai Life can not be funded by the parent company.