Thu, Mar 5, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

HSBC plans sale of Bank of Shanghai interest

Posted on 11 August 2011

HSBC plans to dispose of its 8 percent stake in Bank of Shanghai. HSBC’s plan to exit from the Chinese lender comes as China Investment Corp, the country’s sovereign wealth fund, has bought the International Finance Corporation’s 7 percent stake in Bank of Shanghai, the 21st Century Business Herald reported, citing sources familiar with the matter.
HSBC and China Investment Corp were not immediately available for comment……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15841 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031