Caixin
Nov 24, 2011 06:06 PM

Construction Bank's Investor Deconstruction

A pair of Chinese government agencies that recently bought stakes in China Construction Bank are merely "general institutional investors" and will steer clear of management decisions.

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That's what a source close to the state-run investment agency Central Huijin Investment had to say after one of CCB's largest investors, Bank of America, agreed to sell most of its remaining stake to government-backed investors.

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