Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges
by seanmcdirmid on Tuesday March 20, 2018 @07:29PM
(#16633806)
We are already seeing that happen with HNA.
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Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges
by fspeech on Tuesday March 20, 2018 @08:50PM
(#16634272)
HNA seems to have made money on disposed assets so far. Maybe they are hanging onto the losers for now.
Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges
by seanmcdirmid on Tuesday March 20, 2018 @08:51PM
(#16634285)
They are about to take a huge loss on an old Park Avenue building in NYC. They made out on HK plots they sold. Heaven knows what will happen when they start unloading mainland properties.
Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges
by fspeech on Tuesday March 20, 2018 @09:08PM
(#16634385)
Interesting to see how much the NYC property will go for. I don't think the regulators are that concerned about HNA's properties in China. Domestically it is a zero sum game. Their loss would be someone else's gain, as long as solvency of the banks is not threatened.
Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges
by seanmcdirmid on Tuesday March 20, 2018 @09:44PM
(#16634594)
They have to pay their loans...I think it is only a matter of time until Hainan Airlines starts having problems paying for fuel.