Qatar's sovereign wealth fund has agreed to buy a 10% stake ...

Spinee wrote a post · Jun 6 09:43

Qatar's sovereign wealth fund has agreed to buy a 10% stake in China's second-largest mutual fund company, two sources said, underscoring Beijing's increasing ties with the Middle East amid rising tensions with the West.

Chinese brokerage Citic Securities, which owns roughly 62% in ChinaAMC, said in March that it had decided to give up its right to purchase the 10% stake currently owned by Primavera, worth at least $490 million.

$CITIC SEC (06030.HK)$ $CITIC (600030.SH)$ $Ishares Trust Msci Qatar Etf (QAT.US)$ $Hang Seng Index (800000.HK)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$

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娜娜的粉丝 : Harvest the Middle Eastern tycoons, great

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