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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC invests at home and abroad

Posted on 13 October 2009

From WSJ: Central Huijin Investment Ltd., an investment arm of China’s $300 billion sovereign-wealth fund China Investment Corp., will continue buying shares in the country’s three largest banks over the next year to reassure investors and stabilize the stock market, the lenders said Monday.

Last month, Huijin completed a year-long program to buy shares in Industrial & Commercial Bank of China Ltd., China Construction Bank Corp. and Bank of China Ltd. on the open market……………………Full Article (Subscription Required): Source

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