Business Standard

Hong Kong checking banks' loans to HNA and Wanda

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The Hong Kong Monetary Authority has asked banks in the city for details of their loans to HNA Group and Dalian Wanda Group, according to people familiar with the matter. Lenders were required to submit a survey to the city’s de facto central bank providing informatio­n such as total credit extended and outstandin­g loans to the two companies, said the people, who asked not to be identified as the informatio­n isn’t public. Checks on lending to Chinese conglomera­tes were stepped up in recent weeks, one of the people said.

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