05.02.2009 - Sovereign fund eyes stake in CITIC arm
From Reuters: China Investment Corp, the country's $200 billion sovereign wealth fund, is in talks to buy up to 50 percent of CITIC Capital Holdings Ltd, a leading China-focused investment firm, two sources close to the situation said on Wednesday. China Investment Corp (CIC) is expected to get the stake from steel-to-property conglomerate CITIC Pacific, which currently holds a 50 percent stake of Hong Kong-based CITIC Capital, said the sources..... Full Article: Source