HNA cuts Deutsche Bank stake as Chinese conglomerate plans exit

HNA cuts Deutsche Bank stake as Chinese conglomerate plans exit

Signage for HNA Group Co. is displayed atop the company's building in Beijing, China, on Thursday, Feb. 1, 2018. Photographer: Giulia Marchi/Bloomberg

Deutsche Bank AG’s top investor, HNA Group Co., continued to reduce its stake in the German lender as the debt-laden Chinese conglomerate prepares to exit one of its most high-profile purchases.

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