Central Huijin Investment Co, a wholly-owned subsidiary of China's sovereign wealth fund, will soon take over a 38.8% stake in New China Life Insurance Co from China's insurance protection fund, according to sources familiar with the matter.The sources said that Central Huijin will pay RMB 4 billion to buy 460...
China's Central Huijin Investment Co Ltd, a wholly-owned subsidiary of China's sovereign wealth fund, China Investment Corp, recently raised its shareholding in Bank of China Ltd<601988><3988> to 67.5279% from the 67.5258% it held earlier, said the state-owned bank yesterday.BOC said in a statement...
State-owned Central Huijin Investment Ltd will inject capital into the Import and Export Bank of China (China Eximbank) and China Export & Credit Insurance Corporation (Sinosure), confirmed several sources close to the Central Bank and Ministry of Finance. But many details, such as the injection ...
China's Central Huijin Investment Co Ltd, a wholly-owned subsidiary of China's US$200 billion sovereign wealth fund, China Investment Corp (CIC), denied the rumor that it will acquire most of Bank of America's US$8-billlion stake in China Construction Bank (CCB)<601939><0939>, sources reported, citing an...
China's Central Huijin Investment Co Ltd, a wholly-owned subsidiary of China's sovereign wealth fund China Investment Corp (CIC), bought approximately 23.93 million A shares of Industrial and Commercial Bank of China (ICBC)<601398><1398> in the first quarter of this year.According to the Chinese lender's...
Bank of China (BOC)<601988><3988>, one of the country's Big Four banks, said the Central Huijin Investment Co Ltd bought approximately 76.6 million A shares of the company last year, sources reported. According to BOC's latest financial report, Central Huijin, the wholly-owned subsidiary of China's sovereign...
Dec. 4, 2008 (China Knowledge) - China's Central Huijin Investment Co. Ltd, a wholly-owned subsidiary of China's sovereign wealth fund China Investment Corp (CIC), has spent approximately RMB 1.22 billion in total to raise its...
Central Huijin Investment Co, a wholly-owned subsidiary of China's sovereign wealth fund, China Investment Crop, plans to sell as much as RMB 80 billion in bonds on China's interbank market, sources reported.The plan, if successful, will be Central Huijin's first bond issue since its establishment in 2003,...
Central Huijin Investment Co., an arm of the country's sovereign wealth fund, plans to sell bonds worth 80 billion yuan, according a report Thursday from Bloomberg citing three sources close to the matter. The sources also said that Central Huijin will use the proceeds to invest in the Export-Imp...
China's Central Huijin Investment Co Ltd, a wholly-owned subsidiary of China's sovereign wealth fund China Investment Corp, recently raised its shareholding in China Construction Bank Corp<601939><0939> to 57.09% from the previous 57.08%, according to statistics released by the Hong...