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Germany's top market regulator said it welcomed China's investment in German financial companies, after China's corporate group - HNA Group (0521.HK) increased its stake in Deutsche Bank (DBKGn.DE).

The active acquisition of HNA reflects the broader adoption of Chinese-funded enterprises into the financial services market. The Chinese government encourages domestic companies to expand overseas, although these activities in Europe and the United States encountered more and more regulatory review.

"We believe that this is fundamentally very positive, capital is invested in the German bank, of course, including overseas capital, of course, there are Chinese capital," the German financial regulatory bureau (Bafin) Secretary Felix Hufeld said on Tuesday.

"There is no blacklist that prohibits some countries from investing in our country, and this is a welcome development," he said at an annual press conference.

Last year, the German Financial Supervisory Authority released China Fuxing International (0656.HK) to acquire a small private bank, Hauck & Aufh?user.

Last week revealed that HNA Group's shareholding in Deutsche Bank increased to nearly 10%. The investment holdings coincided with the rise of uncertainty faced by Deutsche Bank.


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