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Chairman of China's HNA dies in France

The co-founder and chairman of the giant Chinese conglomerate HNA Group has died in a fall in southern France, his company has confirmed.

Wang Jian, the chairman of Chinese conglomerate HNA Group, has died in France, the company says.

Wang, 57, sustained serious injuries during a fall and died on Tuesday, HNA said in a statement on its official WeChat account.

It did not provide further details about the accident.

However, France Bleu, a French public broadcaster, reported a man fitting Wang's description had died that morning after falling a dozen metres from a wall while trying to take photos of a nearby forest.

The man was reportedly travelling with a group of other tourists in Vaucluse, Provence in southeastern France. He was identified as the 57-year-old Chinese "owner of an aviation company" by France Bleu.

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HNA Group grew from Hainan Airlines, founded in 1993, into a Fortune 500 company with assets in aviation, tourism and financial services.

The company has been in the news in recent months for offloading $US14.5 billion ($A19.6 billion) in assets, including large stakes in Hilton Worldwide and Deutsche Bank, to tackle sprawling debts, according to the South China Morning Post.

In a condolence statement, HNA's board and management described Wang as a "beacon for all who had the good fortune to know him."

Wang co-founded HNA Group and previously served as the company's chief executive officer, according to HNA's website.


2 min read

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Source: AAP



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