by Amruth Sundarkumar | Dec 3, 2021 | China, Corporates, Hong Kong
Hainan Airlines Holding is planning to raise $7.9bn via an issuance of new shares to reduce its financial burden, as per an exchange filing. The carrier is expected to sell 16.4bn shares, of which 12bn shares will be gifted to creditors at RMB 3.18/share to eliminate...
