CIC sells most of its BlackRock stake: FT
HONG KONG (Reuters) - China Investment Corp (CIC) has sold most of its stake in BlackRock Inc , the world's biggest asset manager, as part of a wider strategy to trim holdings in global financial institutions, the Financial Times reported on Monday.
CIC sells most of its BlackRock stake: FT
HONG KONG (Reuters) - China Investment Corp (CIC) has sold most of its stake in BlackRock Inc , the world's biggest asset manager, as part of a wider strategy to trim holdings in global financial institutions, the Financial Times reported on Monday.
China’s CIC eyes up to $2 billion stake in Alibaba Group: sources
HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc.
China CIC says wary of European govt bond investments
BEIJING (Reuters) - China Investment Corp (CIC) remains wary about investing in European government bonds despite a plea from Germany's chancellor, but will look for opportunities in infrastructure and real industrial projects, the head of the country's $410 billion sovereign wealth fund said on Monday.
