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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek raises stake in CITIC Securities to 9.01pct

Posted on 16 July 2013

Temasek Holdings Pte Ltd, Singapore’s sovereign wealth fund, recently raised its H share holding in CITIC Securities Co.<600030>, China’s largest listed brokerage firm, to 9.01% from the previous 8.95%, according to a statement filed with the Hong Kong Stock Exchange.
The sovereign wealth fund on Jul 9 bought 708,500 H shares of CITIC Securities at an average price of HK$12.82 apiece. The fund spent about HK$9.08 million on the deal………………………………………..Full Article: Source


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