Article: CENTRAL HUIJIN INVESTMENT INJECTS CAPITAL TO CHINA EXIMBANK


AsiaInfo Services
11-12-2009
Central Huijin Investment Injects Capital to China Eximbank

BEIJING, Nov 12, 2009 (SinoCast Daily Business Beat via COMTEX) -- Central Huijin Investment Limited, the subsidiary of China Investment Corp. (CIC), is to make capital injections into Export-Import Bank of China (China Eximbank) and Sinosure, sources said.

According to sources, Beijing-based Central Huijin Investment is to sell CNY 80 billion or USD 11.7 billion worth of bonds; and then inject about USD 12 billion into China Eximbank and USD 4 billion into Sinosure. Details of the plan still remain unknown. Central Huijin Investment is waiting for the approval of the State Council.

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