Chinese conglomerate HNA Group is continuing to reduce its stake in Deutsche Bank. Fresh data shows that HNA has reduced its stake in the German bank from 9.2 percent to 8.8 percent. That's the second time HNA has sold Deutsche Bank shares in two weeks. The sale means that the Qatari Royal Family has replaced HNA as the bank's largest shareholder. HNA said in a statement that it has no additional reduction plans and will remain a significant investor in Deutsche Bank. HNA has been selling its global assets, including two pieces of land in Hong Kong for two billion U.S. dollars. Reports last month said that HNA faced a potential cash shortfall of at least 2.4 billion U.S. dollars in the first quarter.