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HNA top management arrested

Two senior executives of insolvent Chinese aviation and tourism conglomerate HNA Group have been arrested. This was announced by HNA – to which the airline Hainan Airlines belongs – on its official WeChat account. It said those detained were chief executive Tan Xiangdong and board chairman Chen Feng. HNA gave no details on the allegations. Ironically, Tan holds US citizenship, according to a report by Bloomberg news agency. There he is also known under the name Adam Tan.

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