Khazanah to Participate in IPO of China Galaxy Securities
State-owned China Galaxy Securities Co., Ltd. is mainland China’s sixth largest brokerage company by revenue. Capital market conditions seemed to have improved since 2012, and the company desires to grow their margin financing business.
China Galaxy Securities is backed by Central Huijin Investment Ltd., a sovereign wealth enterprise (SWE) of the China Investment Corporation (CIC). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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