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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China sovereign fund Huijin completes purchase of bank shares

Posted on 17 December 2013

China’s government has completed its purchase of shares in the country’s four biggest banks, marking the end of the latest round of interventions aimed to support its chronically weak stock market.
Central Huijin Investment Co, which holds Beijing’s investments in state-owned financial firms, finished buying shares of Industrial and Commercial Bank of China , China Construction Bank , Agricultural Bank of China , and Bank of China , the four banks said in stock exchange filings on Monday………………………………………..Full Article: Source


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