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HNA Group's Restructuring Suggests Evergrande's Future Path
ALEX FREW MCMILLAN
Sep 27, 2021 8:00 AM EDT

The parent of Hainan Airlines looks set to emerge from bankruptcy after its top executives were arrested and the Chinese state stepped in.
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Chairman Chen founded the airline with Wang Jian in 1989, serving the "Hawaii of China," the southern island of Hainan. Wang, who was co-chairman as well as co-founder, died in France in 2018 while on a business trip. Local police said he appeared to have fallen 15 meters off a wall in the village of Bonnieux while posing for a photo taken by family members.
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Local police said he appeared to have fallen 15 meters off a wall in the village of Bonnieux while posing for a photo taken by family members.
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