HNA Establishes Innovation Finance Group in Hong Kong

GUO Ke, Vice Chairman and CEO of HNA Innovation Finance, said: “HNA Innovation Finance will adopt a ‘3+X’ development model in the future, offering all-round financial ancillary services focusing on bulk commodity trading, consumer finance products and services, and financial investment, in order to support the national strategy of ‘One Belt, One Road‘ and economic and trade globalization. HNA Innovation Finance will create a complete financial industry value chain by fully innovating the financial products in the investment, trading and consumer sectors, with a view to transforming the financial trading market and achieving disruptive development in China.”

TAN Xiangdong, Vice Chairman and CEO of HNA Group and Chairman of HNA Innovation Finance, said: “China is now the world’s second largest economy and its largest exporter. On the back of digitalization and smartification, the sharing era has arrived, presenting immense opportunities for development.  As one of the world’s Fortune Global 500 companies, HNA Group has long been adopting an internationalized and globalized development strategy, with a view to creating an ecosystem featuring the ‘free flow of people, goods, capital and information‘ (the ‘Integrated Four Flows’). HNA Group has gradually grown into an outstanding world-class enterprise as a result of its long-standing experience and efforts.

“Against the backdrop of the ‘One Belt, One Road‘ initiative and economic and trade globalization, by matching our support for the national strategy with HNA Group’s strategy of grasping timely development opportunities and globalization, HNA Innovation Finance Group has been established to promote China’s international trade.  HNA Innovation will become another important platform for HNA Group to adhere to the national strategies and fulfill its missions under the principles of openness and sharing.

“Hong Kong is an important hub, connecting the market in mainland China with the international market, while its interconnection with mainland Chinese market is ever enhancing. Hong Kong with its well established financial environment, resourceful human resources and geographical advantages is a unique choice for our headquarters. In fact, HNA has been developing the Hong Kong market for over a decade and has been actively invested in the city. We are optimistic about the city’s prospects. We also hope to add to its economic vitality and create opportunities for its youth by establishing our headquarters here.”

HNA Innovation Finance Group and commodities giant Glencore to establish cooperation

At the inaugural ceremony of HNA Innovation Finance Group, the over 400 guests present also witnessed HNA Group and Glencore undersigning a joint-venture cooperation agreement. The two parties will complement each other with their respective strengths and resources, fully grasping the strategic opportunities brought about by the “One Belt, One Road” national strategy, serving the real economy and building a world-class integrated trading services provider, covering bulk commodity trading, investment services and consumer finance.