29.05.2009 - Central Huijin gets 9% CCB H shares from China Jianyin
From China Knowledge: China's Central Huijin Investment Co Ltd, a wholly-owned subsidiary of China's US$200 billion sovereign wealth fund, China Investment Corp (CIC), on Tuesday signed an agreement with China Jianyin Investment Co to receive 20.7 billion H shares, or a 9% stake, in China Construction Bank Corp (CCB) at no cost, according to a statement released by CCB on Wednesday. Central Huijin also plans to raise its stake in the Chinese lender in the secondary market in the next 12 months.......Full Article: Source
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