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CIC’s Hong Kong unit on track to go live
November 03, 2011
From Leigh Powell
China Investment Corporation’s Hong Kong unit has completed a set of preparatory work and is on track to fully operate in the former British colony. The primary task of the subsidiary is to facilitate the Chinese sovereign wealth fund to invest abroad.
CIC International (Hong Kong), a wholly-owned subsidiary of China Investment Corporation (CIC), has completed a set of preparatory work and is on track to fully function in Hong Kong, aiding the country’s sovereign wealth fund to conduct overseas investments, it...
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