China Investment Corp. (CIC)

China Focus

China sovereign fund buys ETFs in new bid to boost stocks

The move came shortly after the sovereign fund bought about US$65 million of shares in the nation’s biggest banks this month.

Broker's Calls

Could there be some truth to news of GLP’s takeover talks?

SINGAPORE (Nov 3): JP Morgan has rated Global Logistic Properties (GLP) at “overweight”, meaning it expects the stock to outperform the average total return of the stocks under its coverage. It has also given the US$6 billion ($8.3 billion) owner of i

Global Logistic Properties denies being in takeover talks with investor group

SINGAPORE (Nov 2): Global Logistic Properties (GLP) says it is not in discussions with an investor group that includes China’s sovereign wealth fund, China Investment Corp (CIC).

CIC group said to mull bid for US$6 bil property owner GLP

(Nov 2): Global Logistic Properties, the US$6 billion ($8.3 billion) owner of industrial property, has attracted takeover interest from an investor group that includes China’s sovereign fund, people with knowledge of the matter said.
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