HNA Starts to Trim Down Debt Pile Further by Selling Assets

The transcript discusses a company's efforts to manage a significant debt of $79 billion. Despite reducing the debt slightly, the company is under pressure to sell assets, including properties in China and London, and to raise capital through IPOs. The company aims to lower borrowing costs and improve creditworthiness, with potential support from the government. Operational challenges remain as the company shifts focus from acquiring to managing existing assets.

What role does government support play in the company's financial strategy?

How has the company's debt situation changed according to the report?