Central Huijin Buys ETFs to Support Chinese Stock Market

Posted on 10/25/2023

Central Huijin Investment Co., Ltd. is a sovereign wealth enterprise of the China Investment Corporation (CIC). On October 23, 2023, Central Huijin bought exchange-traded funds expanding its purchases beyond bank shares. The SWE purchased an undisclosed number of ETFs and vowed to keep increasing its holdings, it said in a brief statement. China is considering…

Get News, People, and Transactions, Delivered to Your Inbox