Topic: China Investment Corporation
China's CIC gives breakdown of U.S. equity stakes
Reuters US Online Report Business News
BEIJING (Reuters) - China Investment Corp <CIC.UL>, the country's $300 billion sovereign wealth fund, has made its biggest U.S. equity bets in natural resources and financial stocks. A filing with the U.S. Securities and Exchange Commission detailed equity holdings in U.S. listed companies and ...
China sovereign fund to get fresh cash injection
AFP Asian Edition
China's sovereign wealth fund is expected to get a new capital injection of up to 200 billion dollars from the government in the coming months, a report said Monday. The cash infusion for China Investment Corp (CIC) from the country's massive foreign exchange reserves would be similar to ...
State investors warn against financial protectionism
AFP Global Edition
Protectionist barriers aimed at capital-rich sovereign wealth funds (SWFs) could backfire on the fragile global economy, top executives of major state investment firms warned here Saturday. SWFs have the capital needed by affected economies to recover from the global crisis but governments may come under domestic pressure to impose protectionist ...
China invests $500 mln in SouthGobi Energy
AFP Asian Edition
China's sovereign wealth fund has said it will invest 500 million dollars in SouthGobi Energy Resources, a unit of Canada's Ivanhoe Mines with coal operations in Mongolia. The major investment in SouthGobi is the latest for the 200-billion-dollar China Investment Corp (CIC) as Beijing tries to secure access ...
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