China’s CIC Gives Breakdown of U.S. Equity Stakes

As CDT posted earlier, a filing with the U.S. Securities and Exchange Commission from the China Investment Corp details $9.63 billion of equity holdings in U.S. listed companies and funds. Reuters reports on the numbers:

Among U.S. holdings, CIC declared a stake of $1.77 billion in Morgan Stanley (MS.N) and a previously unannounced $713.8 million holding in BlackRock Inc (BLK.N), the world’s largest independent money manager.

CIC disclosed stakes, mostly small, in more than 60 companies, including:

— $498 million in the U.S.-traded stock of Brazilian miner Vale SA (VALE5.SA);

— $29.8 million in Citigroup (C.N);

— $19.9 million in Bank of America Corp (BAC.N);

— $14.7 million in American International Group Inc (AIG.N);

— $9 million in Coca Cola Co (KO.N);

— $6.3 million in Apple Inc (AAPL.O);

— $4.1 million in News Corp (NWSA.O).

The complete SEC filing can be read here.

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.