From Dow Jones: Central Huijin Investment Ltd., the domestic investment arm of China's sovereign wealth fund, said Friday it plans to participate in the financing plans of three of China's largest state-controlled commercial banks, in which it is a shareholder.
It said it supports the capital raising plans of China Construction Bank Corp, Industrial & Commercial Bank of China Ltd and Bank of China Ltd. and also the banks' moves to reduce cash dividends for 2009 and strengthen their capital adequacy, according to a statement posted on Central Huijin's Web site............................................Full Article: Source
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