China sovereign fund CIC profit soars on record overseas returns

SHANGHAI/BEIJING, July 9 (Reuters) - China's sovereign wealth fund China Investment Corp (CIC) posted a 37.55 percent rise in 2017 net profit, boosted by record-high returns from its overseas portfolio.

from Google Alert - Business https://ift.tt/2zjbSbg
SHANGHAI/BEIJING, July 9 (Reuters) - China's sovereign wealth fund China Investment Corp (CIC) posted a 37.55 percent rise in 2017 net profit, boosted by record-high returns from its overseas portfolio. https://ift.tt/eA8V8J

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