| From Bloomberg: Central Huijin Investment Co., the state company that controls China’s biggest banks, plans to sell 187.5 billion yuan ($28 billion) of bonds to bolster its stakes in the lenders.
The domestic arm of the nation’s sovereign wealth fund, China Investment Corp., will sell 40 billion yuan in the first portion Aug. 24 on the interbank market, it said in a statement today on the website of Chinabond, the official clearinghouse..............................................Full Article: Source
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