| Central Huijin Investment Ltd, China's state-owned investment company, said late on Thursday it recently bought exchange-traded funds and will continue to do so. China's stock market hit six-month lows on Thursday amid a worsening cash squeeze, worries over economic growth and prospects of the U.S. Federal Reserve slowing the pace of monetary stimulus.
Huijin, a unit of China's $500 billion sovereign wealth fund , has already been buying mainland-traded shares in China's top four banks as well as Everbright Bank and New China Life Insurance...............................................Full Article: Source
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