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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC said to plan investment in BBMG’s Hong Kong IPO

Posted on 13 July 2009

From Bloomberg: China Investment Corp., the nation’s $200 billion sovereign wealth fund, will invest in cement maker BBMG Corp.’s initial public offering in Hong Kong, said four people with knowledge of the matter.

BBMG, the largest cement supplier in Beijing, marks CIC’s second investment in a Hong Kong IPO, one of the people said, declining to be identified as the size of the purchase has yet to be determined………Full Article: Source


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