2018-07-04

HNA Chief Falls Off Wall

France 24: Chairman of China’s HNA Group falls to his death in Provence
A police source in France said Wang had died after a 10 metre fall off a wall while trying to take photographs in the village of Bonnieux, near Avignon.

He tried to climb a low wall to see the view and take pictures,” the source said. After failing a first time, Wang took a run up. “He fell over the top and dropped 10 metres.”

...Wang told employees earlier this year that the company’s difficulties were the result of a “major conspiracy” against the ruling Communist Party and President Xi Jinping by foreign and domestic “reactionary forces”, according to an internally-distributed email.

However, the embattled group appeared to have won a reprieve of sorts recently, when at a meeting held by China’s central bank, lenders were told to “support” HNA bonds, Bloomberg and the Financial Times reported last month.

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