| China Investment Corp., in a major shift in strategy, is selling energy and commodities holdings while seeking to capitalise on recovering US and European economies.
Since late last year, the $600bn Chinese sovereign wealth fund has unloaded more than $1.5bn of shares in companies including US utility AES and Hong Kong-listed green energy firm GCL-Poly Energy, according to regulatory filings by the companies. CIC has also sold positions in two other Hong Kong-traded wind-power companies, according to filings...............................................Full Article: Source
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