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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Central Huijin plans more bond sales this month

Posted on 07 September 2010

From WSJ: Central Huijin Investment Ltd., the domestic investment arm of China’s sovereign-wealth fund, plans to sell as much as 55 billion yuan ($8.09 billion) worth of bonds in mid-September, the second tranche of its planned 187.5 billion-yuan bond offering to fund its plan to buy additional shares in three of China’s biggest banks.
Central Huijin, the arm of sovereign-wealth fund China Investment Corp. that focuses on restructuring financial institutions, intends to participate in the rights offerings of Industrial & Commercial Bank of China Ltd., China Construction Bank Corp. and Bank of China Ltd………………………………………Full Article: Source


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