Qatar Investment Authority Trims Shares in Agricultural Bank of China
The Qatar Investment Authority (QIA) over 2017 has been trimming its equity holdings in the Agricultural Bank of China Ltd. On April 13, 2017, Qatar Holding LLC, the sovereign wealth enterprise (SWE) of the QIA, sold off 30 million H shares. China’s five major listed banks in April demonstrated shrinking interest margins, causing quarterly profits to be tepid.
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