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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Market

China Jianyin transfers stake in CICC to Central Huijin

Posted on 26 August 2010

From China Knowledge: China Jianyin Investment Securities Co has transferred all 43.35% stake it held in China International Capital Corp to Central Huijin Investment Ltd, a wholly-owned subsidiary of China’s US$300 billion sovereign wealth fund, China Investment Corp, the Shanghai Securities Newspaper reported yesterday, without indicating the sources.
According to the report, the stake transfer secured approval from Chinese regulators on Aug. 13……………………………………….Full Article: Source


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