From AFP:
Energy giant British Petroleum has confirmed that the buyer of just under one percent of its shares is a Hong Kong branch of China’s State Administration of Foreign Exchange, state media said Wednesday.
A BP spokesperson in charge of global investor relations said the buyer was SAFE Investment Company Limited, formed in 1997 with a registered capital of 100 million Hong Kong dollars (13 million dollars), the Caijing magazine said.
The spokesperson did not disclose any financial details of the deal.
