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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

Central Huijin plans RMB 190-bln bond issue

Posted on 09 August 2010

From China Knowledge: China Central Huijin Investment Ltd, the domestic investment arm of the nation’s sovereign wealth fund, is planning to issue more than RMB 190 billion worth of bonds in the next few months to fund major domestic commercial lenders and export-oriented financial institutions.
The report said that Central Huijin will use RMB 110 billion to participate in the share offerings of the country’s top three listed lenders, Industrial & Commercial Bank of China, China Construction Bank Corp and Bank of China……………………………………….Full Article: Source

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