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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

GCL-Poly rises on report of Polysilicon price gain

Posted on 12 August 2010

From Bloomberg: GCL-Poly Energy Holdings Ltd., , of which China’s sovereign wealth fund owns a 20 percent stake, rose the most in more than two months in Hong Kong after a report said prices of the raw material used in solar cells have gained as much as 54 percent.
The shares increased as much as 7.7 percent, the most since May 31, and were at HK$1.92 at the midday break. The benchmark Hang Seng index declined 0.4 percent……………………………………….Full Article: Source

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