HNA Group Chairman Chen Feng, CEO Adam Tan Detained by Police

Embattled Chinese language conglomerate HNA Group stated on Friday that its chairman Chen Feng and Chief Govt Adam Tan are suspected of committing crimes and have been detained.

HNA stated on its official social media account that the pair had been “positioned beneath obligatory measures,” citing a discover from the Hainan police. It added that the corporate’s operations stay orderly. HNA has been under a court-led bankruptcy and reorganization proceeding since January.

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