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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Chongqing bank to join competition for international investors

Posted on 29 November 2010

From Financeasia.com: The Qatar Investment Authority and the Kuwait Investment Authority both participated as cornerstones in the H-share portion of Agricultural Bank of China’s IPO in July and the Kuwait Investment Authority had a similar role in AIA Group’s initial share offering in October.

The other cornerstones on the CRCB offering are: Hong Kong-based fund manager Value Partners, which is taking $80 million of shares; Cheng Yu-tung’s Chow Tai Fook; and Taiwan banking group Fubon. The latter two are each buying $30 million worth of shares…………………………………….Full Article: Source


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