HNA Views Deutsche Bank as Long-Term Investment -Handelsblatt

FeaturesDow Jones Newswires

China's HNA Group (HNAG.YY) has a long-term interest in Deutsche Bank AG (DB) as an investment, said Alexander Schuetz, who represents HNA on the bank's supervisory board, according to an interview in German daily Handelsblatt.

--A new financing structure shows that HNA wasn't interested in selling its stake in Deutsche Bank, Mr. Schuetz said.

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--HNA holds nearly 10% in Deutsche Bank through asset manager C-Quadrat. Mr. Schuetz is founder and member of the management board of C-Quadrat.

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(END) Dow Jones Newswires

December 27, 2017 04:22 ET (09:22 GMT)