| From Dow Jones: China's sovereign wealth fund sold $138.5 million worth of Morgan Stanley (MS) shares last week, according to a filing to the U.S. Securities and Exchange Commission.
The reason for the sale wasn't immediately clear, but China Investment Corp. may have sold the shares, which represent a small fraction of its holdings in Morgan Stanley, to avoid closer regulatory scrutiny after its stake in the investment bank rose to more than 10% last month. Owning a stake of more than 10% in a U.S.-listed company would trigger additional disclosure requirements..............................................Full Article: Source
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