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Business / China Investment Corporation

CIC launch Sino-EU growth fund with partners

[2012-05-04 09:38]

China Investment Corporation announced Thursday it has launched a joint growth fund with its European peers to invest into European groups to boost their growth in China.

Wealth fund to help Chinese firms invest

[2012-05-03 10:22]

China's sovereign wealth fund launched a mutual fund with a national investment company from Belgium to help Chinese companies boost investments there.

New capital for CIC to acquire European assets

[2012-03-05 08:09]

China Investment Corp has received an injection of $30 billion from the government that will help it buy assets in debt-stricken Europe, Wang Jianxi, deputy general manager and chief risk officer of CIC, told China Daily.

CIC, Sinopec among investors in oil sands IPO

[2012-02-08 10:14]

Sovereign wealth fund China Investment Corp (CIC) and state refiner Sinopec are among the three cornerstone investors to pledge $350 million toward Canadian oil explorer Sunshine Oilsands Ltd's Hong Kong IPO, Reuters reported, citing a source with direct knowledge of the matter.

CIC buys 8.7% stake in Thames Water

[2012-01-21 09:28]

China Investment Corporation (CIC), the country's sovereign-wealth fund, said Friday that it has acquired a minority stake in Thames Water, a utility group in the United Kingdom.

CIC set to gain extra funding

[2011-12-24 07:44]

China Investment Corp (CIC), the nation's $410 billion sovereign wealth fund, is set to receive additional funding of up to $50 billion, two sources with knowledge of the matter told Reuters on Friday.

CIC urges West to spend more on infrastructure

[2011-11-30 11:07]

Europe and the United States should increase infrastructure investment to drive a global economic recovery, the head of China's $410 billion sovereign wealth fund said just days after expressing interest in buying into Western transportation deals.

CIC increases stake in Construction Bank

[2011-11-19 08:51]

The China Investment Corporation (CIC), the country's sovereign wealth fund, said it has acquired 2.76 billion Hong Kong-traded shares of China Construction Bank (CCB) for $1.75 billion.

CIC to restructure, split from Huijin

[2011-09-01 11:06]

Beijing plans to restructure China Investment Corporation (CIC) , including spinning off the sovereign wealth fund's domestic investment arm, Central Huijin Investment Ltd.

CIC investment return tops 11% in 2010

[2011-07-26 15:21]

The China Investment Corporation (CIC), the country's sovereign wealth fund, said on Tuesday it has made a return of 11.7 percent on its global investment portfolio in 2010.

Sovereign fund spin-off 'considered'

[2010-07-07 09:01]

Chinese author-ities are considering a plan to strip China Investment Corporation (CIC) of all its domestic banking stakes, a move expected to help diversify the portfolio of one of the world's major sovereign wealth funds, industry sources said on Tuesday.

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