Huijin Investment, the government investment arm, will not inject capital into China's second-tier banks, the Shanghai Securities News reported. Huijin general manager Xie Ping said his firm was focused on China's big-four state-owned commercial banks – Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Bank of China (BOC) and Agricultural Bank of China (ABC). Huijin has invested a total of US$37.5 into CCB, BOC and ICBC.
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