China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
China Investment Corp Reports Negative 2.96% Return For 2015
Aggregated Source: China Money Network
CICChina's sovereign wealth fund China Investment Corp (CIC) reported a dollar-denominated net return of negative 2.96% on its overseas investment last year, due to volatility in international financial markets and foreign exchange losses triggered by an appreciating U.S. dollar. The negative return drove its accumulated annualized investment return to 4.58% since inception in 2007 until […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network