| 13.10.2009 - China govt fund bank share news seen as symbolic |
| From Dow Jones: An announcement Monday that the investment arm of China's $300 billion sovereign wealth fund will continue to buy shares in the country's three largest banks is a symbolic gesture aimed at bolstering sentiment in the stock market, analysts said. The news though did not set off a market rally, in part as investors continued to focus on the large amount of share supply in the pipeline........................Full Article (Subscription Required): Source |