07.12.2009 - Longyuan Power shows investors are keen to buy green
From Financeasia.com: CIC's large-scale support for the deal is likely at least partly a result of the fact that the Chinese sovereign wealth fund is also a substantial shareholder in Morgan Stanley, one of the two bookrunners for Longyuan's IPO. CIC bought $5 billion worth of equity units in the US investment bank in December 2007 that will convert to common shares in August 2010, giving it a maximum 9.9% stake..................................Full Article: Source
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