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Article: China : Central Huijin may sell 80 bln yuan bonds.

Article from:
TendersInfo
Article date:
November 12, 2009
Copyright

Byline: babalu03

Central Huijin Investment Co, a state-owned company with large stakes in China's largest banks, may sell up to 80 billion yuan ($11.7 billion) of bonds, Bloomberg News reported on Wednesday, citing unnamed sources.

Huijin, an arm of China's $200 billion sovereign wealth fund, will use proceeds to inject capital into the Export-Import Bank of China and China Export and Credit Insurance Corp, said the sources, according to Bloomberg.

Huijin, the parent of Industrial and Commercial Bank of China (ICBC) (601398.SS) ...

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