From Chinadaily.com.cn: Central Huijin Investment Co, a unit of China Investment Corp, would continue to increase its holdings in the nation's three largest banks over the next 12 months - a move which, analysts said, was a clear signal to stabilize the market and bolster investor confidence.
The $300-billion sovereign wealth fund would also continue to increase its holdings in the banks by buying shares from the open market over the next 12 months, according to a Huijin statement yesterday........................Full Article: Source
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