HNA retreat from Deutsche Bank continues as it clips stake to 7.64%

HNA retreat from Deutsche Bank continues as it clips stake to 7.64%

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

Cash-strapped Chinese conglomerate HNA cut its stake in Deutsche Bank AG further, less than two months after saying it intended to stay “a major investor” in the German lender.

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