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Sovereign Wealth Funds Briefing - Categorized | Investment

Central Huijin may maintain stake in BOC when lock-up ends

Posted on 03 July 2009

From China Knowledge: China’s Central Huijin Investment Co Ltd, a wholly-owned subsidiary of China’s US$200-billion sovereign wealth fund, is likely to keep its stake in Bank of China (BOC).

BOC on Tuesday announced that 171.33 billion of its A-shares, owned by Central Huijin, will become tradable on Jul. 6. A total of 177.8 billion A-shares, or 70.05% of outstanding shares, will thus be tradable on the Shanghai Stock Exchange next Monday………Full Article: Source


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