Central Huijin, the domestic arm of China's sovereign wealth fund, has revived a scheme to buy shares in the country's three largest listed banks. ...full story at Countdown to Beijing
from Countdown to Beijing on Wed, Oct 14 2009
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The Fountain of Wealth-largest fountain in the world »
YouTube video The Fountain of Wealth (Chinese: 财富之泉) is listed by the Guinness Book of Records in 1998 as the largest fountain in the world.[1] It is located in one of Singapore's largest shopping mall, Suntec City.
During certain periods of the day, the fou... |
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Govt ploughs $19b into ABC » People's Daily Agricultural Bank of China (ABC) said yesterday it will receive $19 billion from the government, the first step toward its planned initial public offering. Central Huijin Investment Ltd, a unit of China's sovereign wealth fund, will inject capital into... |
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China's sovereign wealth fund raises stake in U.S. company to 12.5% » People's Daily China Investment Corporation (CIC), the country's 200-billion-U.S.-dollar sovereign wealth fund, has raised its stake in U.S. investment group Blackstone LP to more than 10 percent -- still short of the 12.5 percent limit recently agreed between the two... |
| 22 Sep 09 |
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China sovereign fund to take stake in commodities firm » People's Daily China Investment Corporation (CIC),China's sovereign wealth fund, is in negotiation with Noble Group, a Hong Kong-based commodities trader, to acquire shares of the latter, said sources with CIC on Tuesday. "The deal is still waiting for... |
| 24 Sep 08 |
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China Huijin increases stake in three top commercial lenders » People's Daily Chinese three largest commercial banks announced Tuesday that Central Huijin Investment Co., Ltd., an investment arm of the government, had increased its shareholdings of the three banks. According to announcements released by the banks on Tuesday... |
| 20 Jan 09 |
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China allows listed commercial banks to resume exchange-based bond trades » People's Daily China's listed commercial banks will be allowed to trade bonds on the country's exchanges for a trial period of unspecified length, ending a ban imposed in 1997, securities regulators said. Banks will need approval from the China Banking... |
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