Tue, Jul 29, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Lenders get shot in the arm

Posted on 12 October 2012

Central Huijin Investment Ltd, an arm of sovereign wealth fund China Investment Corp, has pledged to continue to shore up the capital market by buying stakes of four major State-owned lenders. It has been purchasing shares of the Big Four banks in the secondary market since Wednesday, and will continue doing so.
The four lenders are Industrial and Commercial Bank of China Ltd, China Construction Bank Corp, Agricultural Bank of China Ltd, and Bank of China Ltd. Central Huijin’s statement means the major shareholder in China’s main State-owned banks has extended a year-long purchase program that lapsed on Wednesday………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14466 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031