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Sovereign Wealth Funds Briefing - Categorized | Investment

Central Huijin increases stakes in lenders

Posted on 28 March 2013

Central Huijin Investment Ltd, wholly owned subsidiary of China Investment Corporation, spent 2.8 billion yuan ($446.21 million) to increase its stakes in four of China’s biggest lenders in the fourth quarter of last year, according to the banks’ annual report released recently.
According to an announcement in October 2012, Central Huijin’s plan to increase its stakes on the four banks would last for six months, which means the investment company will buy more shares before April………………………………………..Full Article: Source


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