SWFI First Read, September 24, 2015
CONFIDENCE: Temasek Buys Shares of ICBC
Singapore’s Temasek Holdings, a major institutional investor in Chinese financial institutions, boosted its stake in Industrial & Commercial Bank of China Ltd. (ICBC) to 10% for HK$141 million. Temasek bought 30 million of ICBC H shares at an average price of HK$ 4.696.
QIA Exposed to Volkswagen and Glencore
Direct investments can be risky. It has been a tough week for the Qatar Investment Authority (QIA). The QIA is the #3 shareholder in Volkswagen AG and a large institutional investor in mining giant Glencore Plc.
Ivanhoé Cambridge Gets Go-Ahead for Paris Towers Development
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