Central Huijin Investment Ltd, a unit of China's $747 billion sovereign wealth fund, promised on Wednesday it would continue to buy more exchange-traded funds in the battered Chinese market and that it would not sell any Chinese shares that it owns.
The remarks by Central Huijin, a unit of China Investment Corp, echo comments from other Chinese government bodies, such as the Finance Ministry, that they would support the Chinese stock market, which has slumped a third in the past month...............................................Full Article: Source
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