HNA Group Goes on $4 Billion Selling Spree

The video discusses a $4 billion real estate sale in the US by a conglomerate facing a cash crunch. The company is selling off valuable overseas properties to quickly raise funds, as these sales are less complex than selling stakes in major companies. The conglomerate aims to sell $16 billion worth of assets, reorganizing its complex asset structure to improve liquidity. Despite these efforts, the pressure to raise cash remains high due to significant short-term debt obligations. The company is $2.4 billion short of its current quarter target, with $29 billion in short-term debt due in upcoming quarters.

What patterns are observed in the company's asset sales?

What is the target amount the company set for asset sales at the end of last year?