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Chinese sovereign fund holds $9.6bln in US equities

Posted on 08 February 2010

From Chinadaily.com.cn: China Investment Corp (CIC), a $300 billion sovereign wealth fund based in Beijing, filed its first quarterly disclosure on US equity holdings, reporting that it owned stocks valued at $9.63 billion as of Dec 31.

The fund last Friday filed what’s known as a Form 13F, which the US Securities and Exchange Commission requires from all institutional investment managers with more than $100 million of US equities. Other sovereign wealth funds have begun filing such reports amid calls for more disclosure…………………………………Full Article: Source

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