{"id":169433,"date":"2018-07-05T02:44:37","date_gmt":"2018-07-05T06:44:37","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=169433"},"modified":"2018-07-05T02:44:37","modified_gmt":"2018-07-05T06:44:37","slug":"chairman-of-chinas-hna-group-dies-in-accident-in-france","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/07\/05\/chairman-of-chinas-hna-group-dies-in-accident-in-france\/","title":{"rendered":"Chairman of China’s HNA Group dies in accident in France"},"content":{"rendered":"
\"Wang<\/a>
Wang Jian, a co-founder of the company, suffered \u201csevere injuries\u201d in a fall in Provence in southern France and died Tuesday at age 57, said an HNA Group statement. It gave no other details. (Photo: HNA GROUP website)<\/a><\/figcaption><\/figure>\n

BEIJING -The co-chairman of HNA Group, a conglomerate that operates China’s fourth-largest airline and racked up tens of billions of dollars in debt as it went on a global buying spree, died in an accident while on a business trip in France, the company said Wednesday.<\/p>\n

Wang Jian, a co-founder of the company, suffered \u201csevere injuries\u201d in a fall in Provence in southern France and died Tuesday at age 57, said an HNA Group statement. It gave no other details.<\/p>\n

\u201cTogether, we mourn the loss of an exceptionally gifted leader and role model, whose vision and values will continue to be a beacon for all who had the good fortune to know him, as well as for the many others whose lives he touched through his work and philanthropy,\u201d the company said.<\/p>\n

Regional French media outlet France Bleu said Wang fell a dozen or so meters (yards) while taking photos on a high wall in Bonnieux, a town in a region famed for its panoramic views.<\/p>\n

Launched in 1993 on the southern island of Hainan, HNA expanded into finance, hotels, logistics and other businesses in a multibillion-dollar global acquisition spree.<\/p>\n

Its holdings include stakes in Deutsche Bank and China’s fourth-largest airline, Hainan Airlines.<\/p>\n

HNA has been selling some assets as Chinese regulators tighten lending controls and press companies to rein in debt.<\/p>\n

In April, HNA disclosed plans to sell at least some of its more than $6.5 billion stake in hotel operator Hilton Worldwide Holdings Inc., according to a U.S. regulatory filing. It already has sold a more than $1 billion stake in an affiliated timeshare company, Hilton Grand Vacations Inc.<\/p>\n

It agreed to sell its large stake in Spanish hotel operator NH Hotels to Thailand-based Minor International last month.<\/p>\n

Wang graduated from the Civil Aviation University of China and received an MBA from the Maastricht School of Management in the Netherlands, according to his company.<\/p>\n

HNA agreed last year to acquire a hedge fund operated by Anthony Scaramucci, an aide to U.S. President Donald Trump. That never received regulatory approval and the two sides called off the deal in April.<\/p>\n","protected":false},"excerpt":{"rendered":"

BEIJING -The co-chairman of HNA Group, a conglomerate that operates China’s fourth-largest airline and racked up tens of billions of …<\/p>\n","protected":false},"author":33,"featured_media":169438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,17],"tags":[52753,52754],"class_list":["post-169433","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-w","tag-hna-group","tag-wang-jian","mauthors-the-associated-press"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/169433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=169433"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/169433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/169438"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=169433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=169433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=169433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}