Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

China sovereign fund buys ETFs as stock market slides

Posted on 21 June 2013

Central Huijin Investment Ltd, China’s state-owned investment company, said late on Thursday it recently bought exchange-traded funds and will continue to do so. China’s stock market hit six-month lows on Thursday amid a worsening cash squeeze, worries over economic growth and prospects of the U.S. Federal Reserve slowing the pace of monetary stimulus.
Huijin, a unit of China’s $500 billion sovereign wealth fund , has already been buying mainland-traded shares in China’s top four banks as well as Everbright Bank and New China Life Insurance………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031