CONTAINMENT: Chinese Sovereign Wealth to Buoy Domestic Market

Posted on 07/08/2015


Central Huijin Investment Ltd, a large subsidiary of the China Investment Corporation (CIC), will continue to purchase more exchange-traded funds (ETF) in the Chinese equity markets. Central Huijin also said it would not sell any Chinese equity shares that it owns. On July 8, 2015, the Shanghai Composite fell 8% at market open, eventually closing […]

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