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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

CIC chairman: Share prices of China’s top 4 banks not reflect real performances

Posted on 06 November 2012

The share prices of China’s top four st ate-owned banks are not truly reflecting their real performance at pre sent, said Lou Jiwei, chairman of the China Investment Corporation (CI C) and the Central Huijing Investment Ltd., the nation’s sovereign wea lth funds.
Central Huijin has added its stake in the four banks on the seconda ry market for many times since September 2008, based on its confidence in the long-term growth value of the four banks, Lou said………………………………………..Full Article: Source


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