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HNA Group to invest $7.6 billion in tourism, digital transformation

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FILE PHOTO: The HNA Group logo is seen in this illustration photo June 1, 2017. Picture taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo

China’s HNA Group Co Ltd [HNAIRC.UL] plans to invest 50 billion yuan ($7.6 billion) in tourism and digital transformation, a company executive said on Tuesday.

BEIJING (Reuters) – China&rsquo-s HNA Group Co Ltd [HNAIRC.UL] plans to invest 50 billion yuan ($7.6 billion) in tourism and digital transformation, a company executive said on Tuesday.

Eric Tong, an HNA Group board member and Chairman of HNA Technology Group, told Reuters on the sidelines of a media event the firm will primarily focus on tourism-related investment over the long term.

He did not elaborate further on the investment plans.

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