GIC Increases Position in Citic Securities

Singapore’s GIC Private Limited increased its stake in CITIC Securities Co. Ltd. , according to a September 12, 2017 Hong Kong Exchange filing. GIC acquired 2,334,000 H shares at an average price per share of HK$ 17.3529. The transaction brought GIC’s ownership in Citic Securities from 4.99% to 5.09%.

Bannon Speaks in Hong Kong

In a similar time frame, former White House advisor under U.S. President Donald J. Trump, Stephen K. Bannon, gave a speech in Hong Kong to a group of investors. The title of Bannon’s speech was “American economic nationalism, the populist revolt and Asia.” The host of the event was CLSA, an overseas unit of Citic Securities.

Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute

institutional investor investment mandates