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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

China sovereign fund buys ETFs as stock market slides

Posted on 24 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………………………………………..Full Article: Source


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