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Sovereign Wealth Funds Briefing - Categorized | Market

Longyuan raises $2.2 bln in HK IPO

Posted on 04 December 2009

From Reuters: China Longyuan Power Group Corp Ltd raised $2.2 billion in the world’s eighth-largest IPO this year. Longyuan’s offering had attracted the interest of China’s sovereign wealth fund China Investment Corp (CIC), U.S. billionaire investor Wilbur Ross and China Life Insurance Group.

Investors are hungry to invest renewable energy stocks in order to tap the fast growth of the sector, despite currently volatile market conditions……………………………Full Article: Source


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