The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Hong Kong Court Issues Wind-Up Order to China Conglomerate HNA Group Investment Unit HNA Group (International), Winding-Up Petition Filed by Law Firm Ashurst Hong Kong in 2024
18th February 2025 | Hong Kong
A Hong Kong court has issued a wind-up order to China conglomerate HNA Group investment unit HNA Group (International). The winding-up petition was filed by law firm Ashurst Hong Kong. In 2024 July, a Hong Kong court has granted HNA Group 6 weeks extension for the winding-up petition to 14th August 2024 to allow more time for HNA Group to provide restructuring plan to creditors. In 2021, HNA Group had defaulted on the $200 million bond. The winding-up petition is filed by Golden Morning Hong Kong & Ashurst. HNA Group, the China conglomerate which used to be one of the most active investors in the world, is undergoing bankruptcy administration with $187 billion of liabilities and have had global investments including owning 25% of Hilton Hotel. In January 2021, HNA Group declared bankrupt after debt restructuring had failed. In 2017, HNA Group was one of the world’s largest company with more than $50 billion in revenue. In the same year, HNA Group was affected by China’s new regulations to disallow state-owned banks to lend money to Chinese private companies to prevent them from using funding for foreign investments. HNA Group was co-founded in 1993 by Chen Feng and Wang Jian, growing from a regional airline in Hainan (China) into an aviation group with operations across the globe. The Group expanded into many other industries including aviation, real estate, financial services, tourism and logistics, and became one of the most active investors in the world.
“ Hong Kong Court Issues Wind-Up Order to China Conglomerate HNA Group Investment Unit HNA Group (International), Winding-Up Petition Filed by Law Firm Ashurst Hong Kong in 2024 “
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
Hong Kong Court Grants HNA Group 6 Weeks Extension for Winding-Up Petition to 14th August 2024 to Allow More Time to Provide Restructuring Plan to Creditors, Defaulted on $200 Million Bond in 2021, Winding-Up Petition Filed by Golden Morning Hong Kong & Ashurst
4th July 2024 – A Hong Kong court has granted HNA Group 6 weeks extension for the winding-up petition to 14th August 2024 to allow more time for HNA Group to provide restructuring plan to creditors. In 2021, HNA Group had defaulted on the $200 million bond. The winding-up petition is filed by Golden Morning Hong Kong & Ashurst. HNA Group, the China conglomerate which used to be one of the most active investors in the world, is undergoing bankruptcy administration with $187 billion of liabilities and have had global investments including owning 25% of Hilton Hotel. In January 2021, HNA Group declared bankrupt after debt restructuring had failed. In 2017, HNA Group was one of the world’s largest company with more than $50 billion in revenue. In the same year, HNA Group was affected by China’s new regulations to disallow state-owned banks to lend money to Chinese private companies to prevent them from using funding for foreign investments. HNA Group was co-founded in 1993 by Chen Feng and Wang Jian, growing from a regional airline in Hainan (China) into an aviation group with operations across the globe. The Group expanded into many other industries including aviation, real estate, financial services, tourism and logistics, and became one of the most active investors in the world.
HNA Group $56 Million Hong Kong Penthouse Placed on Sale by Creditors
20th August 2021 – HNA Group $56 million penthouse (4,600 square feet) on one of the most prestigious address in Hong Kong (39 Conduit Road, Mid Levels), has been placed on sale by its creditors. HNA Group, the China conglomerate which used to be one of the most active investors in the world co-founded by Chen Feng, is undergoing bankruptcy with $187 billion of liabilities and have had global investments including owning 25% of Hilton Hotel. The $56 million Hong Kong penthouse was bought in 2015 by holding company Billion Able Corporation, with HNA Group Founder & Chairman Chen Feng listed as a director.
HNA Group Bankruptcy
In January 2021, HNA Group declared bankrupt after debt restructuring had failed. In 2017, HNA Group was one of the world’s largest company with more than $50 billion in revenue. In the same year, HNA Group was affected by China’s new regulations to disallow state-owned banks to lend money to Chinese private companies to prevent them from using funding for foreign investments.
HNA Group was co-founded in 1993 by Chen Feng and Wang Jian, growing from a regional airline in Hainan (China) into an aviation group with operations across the globe. The Group expanded into many other industries including aviation, real estate, financial services, tourism and logistics, and became one of the most active investors in the world.
HNA Group Statement:
On 29th of January 2021, HNA Group received a formal notice from the Hainan High People’s Court. The main content of the notice is: a creditor has filed an application for the initiation of reorganization procedure against our company, on grounds that we cannot pay off due debts to the creditor. HNA Group will comply with the court’s instructions of judicial review in accordance with law, promote the debts disposition actively, support the court to protect the legal rights and interests of creditors in accordance with law, and safeguard our normal business to be operated successfully.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membershipmail@caproasia.com, angel@caproasia.com
For Listing, Subscription
mail@caproasia.com, claire@caproasia.com
For Press Release, send to:
press@caproasia.com
For Events & Webinars
events@caproasia.com
For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com
For Research, Data, Surveys, Reports
research@caproasia.com
For General Enquiries
mail@caproasia.com
a financial information technology co.
since 2014
