(New York Comprehensive News) China's HNA Group reported that the group's building in Manhattan, New York, was investigated by the U.S. government regulators.The building is not far from Trump Tower.

According to Bloomberg News, the HNA Group New York building under investigation is located at 850 Third Avenue (Third Avenue) in New York.a mile.

CFIUS investigates building ownership

HNA Group said in a statement that CFIUS is investigating its ownership because of some unique facts and circumstances at the building's location.The statement emphasized that these problems did not exist when HNA purchased the building.HNA said it would cooperate with the committee's investigation to find a solution.

The Committee on Foreign Investment in the United States is responsible for investigating foreign investment projects with potential national security risks, and the United States and China are currently locked in a trade war.

The New York Times had earlier reported that the U.S. government was rumored to be interested in forcing a majority stake in the building, but HNA denied that.

HNA is understood to have bought ownership of the building in 2016 along with US real estate partner MHP.Since the debt scandal broke out, HNA has tried to sell assets to repay debts, including selling another New York building in June this year, and also planned to sell the building under investigation.HNA has sold assets totaling more than US$10.7 billion (S$14.5 billion) so far. Earlier news: Wang Jian, chairman of HNA Group, fell to his death while taking pictures in France According to the previous public commitment, the 14.98% of HNA Group shares held by Wang Jian will be donated to Hainan Cihang Public Welfare Foundation, the charitable organization of HNA.(Xinhua News Agency)

In the past few years, the co-founder and chairman of HNA Group, Wang Jian, who went to various parts of the world to buy a lot of assets, died in a bizarre accident in France, which attracted widespread attention from the Chinese and international media.

According to the obituary published on HNA's official website, the 57-year-old Wang Jian accidentally fell and was seriously injured when he went to Provence for an official inspection.

Based on reports from The New York Times, Reuters, and Bloomberg, the local police said that Wang Jian fell from a low wall while visiting a church in Bonnieux. The police treated Wang Jian's death as an accident.

Colonel Hubert Meriaux of the gendarmerie in Vaucluse said in a telephone interview that Wang Jian wanted someone from his team to take his picture, but when he climbed a low wall, he looked back.I fell over and fell 10 to 15 meters below.

Some sources also said that Wang Jian tried to climb a low wall to watch the scenery and take pictures. Since he failed the first time, he took a run-up. After jumping on the wall, he lost his balance due to his own momentum and fell off the cliff behind the wall., fell 10 meters.

The restructuring plan of HNA Group and its affiliated companies is expected to start all over again

Forbes once estimated Wang Jian's personal wealth at US$1.7 billion (S$2.3 billion).According to the Beijing Daily WeChat public account Chang’an Street Governor’s report, according to the previous public commitment, Wang Jian’s 14.98% of HNA Group’s shares will be donated to Hainan Cihang Charity Foundation, a charitable organization of HNA.

HNA has spent tens of billions of dollars to acquire financial companies, hotels, real estate and other assets around the world in recent years, but it has been facing serious unbalanced debt problems since then.Sell assets and raise funds.

Since the beginning of this year, HNA Group has disposed of more than US$14 billion in assets.

Fang Huating, CEO of Crucial Perspective, a Singapore-based transportation research company, said that Wang Jian's death will mark the end of the era of HNA Group's crazy expansion, and the restructuring plan of HNA Group and its affiliated companies will also start from scratch.

According to the official website of HNA Group, Wang Jian graduated from the Civil Aviation University of China (formerly known as Civil Aviation College of China) majoring in business management in 1983, and received a bachelor's degree in aviation business management from the Department of Economics and Management;Master's degree; started his career in the field of aeronautical planning in 1983.

Since its establishment in 1993, HNA Group has developed from a single local air transport enterprise to a multinational enterprise group.Wang Jian is considered to be one of the two most core leaders of HNA Group. HNA’s official evaluation of Wang Jian is that he played a leading role in the 25-year development of HNA Group.