Sun, Aug 31, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Bank of America had sought CCB share sale

Posted on 17 December 2008

From CNN: In November, Bank of America increased its stake in China Construction Bank to 19.13% from 10.8% by acquiring 19.58 billion additional Hong Kong dollar- denominated H shares from Central Huijin Investment Co, an investment vehicle of China’s US$200 billion sovereign wealth fund.

The lockup period on the 19.58 billion H shares it bought then will expire on Aug. 29, 2011. It didn’t say, however, that it wouldn’t sell down its older holdings in CCB….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031