China’s HNA cuts stake in Deutsche Bank

While earning HNA had voting rights of 7.64%, its now cut it to 6.3%. The development comes as the EU is becoming more conscious of the Chinese threat.

According to information available in a filing with the U.S. Securities and Exchange Commission, China’s HNA has reduced its stake in Deutsche Bank to 6.3%, down from 7.64%.

This marks a reduction from percent of voting rights reported in the most recent filing in Germany.

HNA’s spokesman in Germany declined comment.

Deutsche Bank wasn’t immediately available on Saturday outside of business hours.

Categories: Creativity, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

Tags: , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: