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HNA Chairman dies suddenly

Conspiracy theories are abound regarding cause of his death

Photo of Wang Jian (Credit: Reuters/Stringer)

HNA Group Co-Chairman, Wang Jian died during a business trip in France. Local police said his death appeared to be an accident. Conspiracy theories are swirling as the Chinese government has censored social media posts concerning the incident.

Worth Noting: Wang was regarded as the architect of HNA’s $50 billion acquisition spree in the past few years. Under pressure from Beijing, HNA has since sold off many of those assets to slash debt, Bloomberg noted.

HNA is an interesting place: Wang told employees earlier this year that the company’s difficulties were the result of a “major conspiracy” against President Xi Jinping by foreign and domestic “reactionary forces”.

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