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

Central Huijin to raise up to RMB 187.5 bln via bond issues

Posted on 13 August 2010

From China Knowledge: China Central Huijin Investment Ltd, the domestic investment arm of the nation’s sovereign wealth fund, China Investment Corp, plans to issue its first batch of bonds as early as end of August to raise about RMB 54 billion and to raise up to RMB 187.5 billion by the end of 2011 via bond issues, the Wall Street Journal reported, citing a source with the knowledge of the matter as saying.
Central Huijin expects the bond issues to help maintain shareholdings in Chinese major state-owned banks, said the sources……………………………………….Full Article: Source

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