Matthew Miller October 17, 2017

China’s HNA Group Co Ltd 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.

This article originally appeared in Deal Street Asia.