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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC may invest in RUSAL’s HK IPO

Posted on 30 December 2009

From China Knowledge: China Investment Corp, the country’s US$300-billion sovereign wealth fund, is likely to invest in United Company RUSAL, the world’s largest aluminum producer, when the Russian firm launches an initial public offering on the Hong Kong Stock Exchange, said industry sources, local newspaper Vedomosti Daily reported.

The report said that U.S.-based fund BlackRock also plans to take part in RUSAL’s Hong Kong IPO…………………………………….Full Article: Source

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