“CSF’s silence on its strategy means the full picture is unclear. The agency is, however, leaving behind a few clues. Thanks to Chinese disclosure rules for large shareholders, exchange filings reveal the stocks in which CSF has built a major stake. The disclosures show a preference for large-cap companies, and a particular affinity for railway shares. Outside that industry, CSF has positions in health care, food and technology stocks. The agency may also be investing through intermediaries, with the state-run China Securities Journal reporting last week that it plowed the equivalent of $32 billion into mutual funds.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Cheer Up, Obama. Israel Is Happy With Your Syria Plan
No Negative Rates Without Banning Cash, Says Former Fed Official
Obama Sees ObamaCare as Legacy Too Worthy to Resist
Canadian banks to be compelled to share clients' info with U.S.
Global mercury ban would not affect vaccines with thimerosal
FBI to tear down its headquarters; no plans to sow salt in earth at site
Senators Vote To Block Marijuana Banking Amendment
Number of names on U.S. terrorist watch list jumps to 875,000
NJ Supreme Court Rules State Can Seek Custody Of Child Without Evidence Of Abuse
Collapse of Potash Cartel Sends Shock Waves Worldwide
Midwestern farmers brace to lose billions in trade war
This Chart Explains Why Politicians Aren't Like The Rest of Us
Indian Jeweler Becomes Billionaire as Gold Price Surges
Brazil Doubles Gold Reserves as Central Banks Buy Bullion
Goodbye Switzerland, Hello Bitcoins