HNA sells assets across China

Updated 2018-03-21 13:24:01

HNA Group reportedly sold one of its projects in South China's Hainan Province to Guangdong-based R&F Properties, domestic news site thepaper.cn said on Tuesday.

R&F Properties took over HNA's project in the Dayingshan CBD of Hainan, but R&F declined to comment, the report said.

Pan Shiyi, chairman of real estate developer SOHO China, said on Tuesday that "we are considering assets sold by HNA," news site finance.ifeng.com reported.

HNA is reportedly planning to sell properties including office buildings and hotels in Beijing and Shanghai.

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