China Investment Corporation
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Central Huijin Investment Co., Ltd. is a Chinese sovereign fund formerly owned by the government of the People's Republic of China. Established in 2003 by the People's Bank of China, five years later it became a wholly-owned subsidiary of China Investment Corporation, with its own Board of Directors and Board of Supervisors.
Central Huijin, which is headquartered in Beijing, was established in December 2003 and mandated to exercise the rights and the obligations as an investor in major state-owned financial enterprises, on behalf of the People's Republic of China ("State").
Oct 24, 2023 · Central Huijin, managed by China Investment Corp, increased its stake in China’s big four state-owned banks including ICBC for 477.5 million yuan (US$65.4 million) two weeks ago, the first ...
In addition to the institutions above, Central Huijin Asset Management Ltd., a wholly-owned subsidiary of Central Huijin, was set up in November 2015 in Beijing. Central Huijin Asset Management Ltd. has a registered capital of RMB 5 billion and conducts assets management business.
6 days ago · In 2003, it created Central Huijin Investment, which invested tens of billions of dollars from the reserves to rid China’s largest state-owned banks of nearly all their bad debts, using ...
Central Huijin undertakes equity investments in state-owned financial institutions in China. Without interfering in the day-to-day operations of its portfolio companies, Central Huijin exercises its rights and performs its obligations as a shareholder to the extent of its capital contribution.
Feb 6, 2024 · China’s state-owned Central Huijin Investment Co, a key player in China's investment landscape, has pledged to ramp up investment in the country's A-share market, signaling a vote of...
Apr 13, 2024 · Since October, Central Huijin Investment Ltd. has bought 5.23 billion yuan ($722 million) of stock in the Bank of China, the Agricultural Bank of China, the Industrial and Commercial Bank of China, and the China Construction Bank, according to Friday statements issued by the four banks.
Oct 12, 2023 · Central Huijin Investment Ltd, an arm of China's sovereign wealth fund, has increased its stake in China's four biggest commercial banks on Wednesday, sending the A-share market climbing on Thursday morning.
Apr 25, 2024 · Central Huijin Investment Ltd, an arm of China's sovereign wealth fund, has increased its stake in China's four biggest commercial banks on Wednesday, sending the A-share market climbing on Thursday morning.
