CASHING IN: Central Huijin Slightly Reduces Bank Exposure
Posted on 05/28/2015
Central Huijin Investment Ltd., a sovereign wealth enterprise (SWE) of the China Investment Corporation (CIC), revealed on May 26th that it sold 280 million Shanghai-listed A shares in China Construction Bank (CCB), cutting its ownership from 5.05% to 2.14%. Meanwhile, Central Huijin sold 300 million shares in Industrial and Commercial Bank of China (ICBC), reducing […]
