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Sovereign Wealth Funds Briefing - Categorized | Market

China’s CDB relaunches as stockholding company

Posted on 03 December 2008

From WSJ: China Development Bank, one of the country’s three policy lenders, became a stockholding company Monday as part of its transformation into a commercial entity that may eventually lead to a stock market listing.

The relaunch, which includes a new board of directors, comes after Central Huijin Investment Ltd., an investment vehicle under China’s sovereign-wealth fund, injected $20 billion into CDB…. Full Article: Source


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