| The Abu Dhabi Investment Authority (ADIA), one of the largest sovereign wealth funds in the world, has been approved to invest US$1.5 billion in China's A-share market, reports Beijing Youth Daily. The fund has collected almost US$4 billion overseas since last week. This is not the group's first time's investing in China's stock market.
The fund is a shareholder of many Chinese companies like LiuGong Machinery, Tongling Nonferrous Metals, Jiuzhou Group, Sunlord Electronics, China Shipping Development, Zhongjin Gold, Zhejiang Huahai Pharmaceutical, Jin Jiang Intel Group, and China Communications Construction Company Group...............................................Full Article: Source
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