Caixin
Jul 06, 2018 09:12 PM
BUSINESS & TECH

Wang Jian: HNA Loses Its Leader in Uncertain Times

The sudden death Tuesday of HNA Group Co-Chairman Wang Jian has cast a shadow over the future of the company, which was already coping with a large debt and a central government crackdown on outbound investment. Photo: VCG
The sudden death Tuesday of HNA Group Co-Chairman Wang Jian has cast a shadow over the future of the company, which was already coping with a large debt and a central government crackdown on outbound investment. Photo: VCG

For nearly three decades, Wang Jian was one of the twin engines that turbocharged Chinese conglomerate HNA Group into one of the world’s top 500 companies.

His sudden death Tuesday in an accident in France has cast a shadow over the future of HNA, China’s most acquisitive firm and one that already had its hands full coping with debt and Beijing’s crackdown on outbound investment.

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