HNA Group now owns a 9.92% stake worth $3.7bn in Deutsche Bank and has overtaken the Qatari royal family to become the German bank's largest shareholder, in another example of China's growing influence in global finance. This is more than 10 of many global moves by the ultra-acquisitive Chinese conglomerate, who's interests extend to sectors including hotels, technology and airlines. HNA held just over 3% of the company in February.
HNA Group now owns a 9.92% stake worth $3.7bn in Deutsche Bank and has overtaken the Qatari royal family to become the German bank's largest shareholder, in another example of China's growing influence in global finance. This is one of many global moves by the ultra-acquisitive Chinese conglomerate, who's interests extend to sectors including hotels, technology and airlines. HNA held just over 3% of the company in February.