The operating income of China’s national pension fund grew more than fivefold last year to US$16.45 billion amid strong gains in local stocks, according to its annual report posted by... Read more
China will overtake the US as the top destination for corporate investment over the next five years, the South China Morning Post reported, citing a study by KPMG. The international accounti... Read more
Credit Suisse has won approval from the securities regulator to create a joint venture with Founder Securities, the Wall Street Journal reported. This is the first approved deal since new re... Read more
China Investment Corp’s president said sovereign wealth funds are facing a distorted investment environment due to tighter regulations implemented by Western countries, the Wall Street... Read more
CITIC Group plans to privatize its Hong Kong-listed subsidiary, CITIC International Financial Holdings, in a US$1.57 billion deal, Bloomberg reported. Shareholders in CITIC International wil... Read more
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