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在线翻译:
szdaily -> Markets
HNA execs to buy Bohai shares to boost confidence
    2017-December-14  08:53    Shenzhen Daily

SENIOR executives of HNA Group Co., the aviation-to-financial services conglomerate, have agreed to purchase 86.7 million yuan (US$13.10 million) worth of shares in HNA subsidiary Bohai Capital Holdings, Shenzhen-listed Bohai Capital said yesterday.

HNA chairman Chen Feng, along with senior board members Wang Jian, Tan Xiangdong, Li Xianhua, Lu Ying, and Chen Wenli all agreed to purchase 10 million yuan worth of shares to bolster “investor confidence” and promote stability at the firm, Bohai Capital said in a statement.

Five other board members will buy 3 million yuan in shares each, the statement said.

Senior executives at HNA Capital, Bohai’s controlling shareholder, agreed to purchase 8.6 million yuan worth of shares, while Bohai Capital’s directors and senior managers agreed to buy 3.1 million yuan in stock, Bohai Capital said in separate statements.

The shares will be bought at market prices within three months, according to the statements.

The announcement of the investments comes amid market concerns that the indebted conglomerate is facing a liquidity crunch amid a slew of repayment obligations and rising financing costs.

Bohai Capital, which oversees the group’s leasing activities, including aircraft leasing firm Avolon Holdings and container leasing company Seaco, has seen its share price drop nearly 20 percent this year. (SD-Agencies)

 

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