Central Huijin Raising First Round Bond Capital Mostly Through State-owned Banks
Posted on 08/26/2010
Central Huijin, the sovereign wealth enterprise of the China Investment Corporation (CIC) had recently completed its first bond sale. It raised RMB 40 Billion ($5.9 Billion). An estimated 80% of the first round was purchased by Chinese state-owned financial institutions. Central Huijin invests in local Chinese companies – many state owned financial institutions. This sovereign […]
- Agricultural Bank of China
- Banks
- Central Huijin
- China
- China Construction Bank
- China Investment Corporation
- Export-Import Bank of China
- Policy
