Central Huijin Investment

Central Huijin Investment Co., Ltd.
Company typeSubsidiary
IndustryInvestment company
Founded2003 (2003), in Beijing, China
Headquarters,
China
Area served
People's Republic of China
Key people
Ding Xuedong
(Chairman & CEO)
ParentChina Investment Corporation
Websitewww.huijin-inv.cn Edit this at Wikidata
Central Huijin Investment Co., Ltd.
Simplified Chinese中央汇金投资有限责任公司
Traditional Chinese中央匯金投資有限責任公司
Literal meaningCentral Foreign Exchange Investment Company Limited
Central Huijin
Simplified Chinese中央汇金
Traditional Chinese中央匯金

Central Huijin Investment Co., Ltd. is a Chinese sovereign fund formerly owned by the government of the People's Republic of China. Established in 2003 by the People's Bank of China, five years later it became a wholly-owned subsidiary of China Investment Corporation, with its own Board of Directors and Board of Supervisors.[1] Central Huijin's principal shareholder rights are exercised on behalf of the State Council.[2] Central Huijin is an organization by which the Chinese government can act as a shareholder for the "big four" state-owned banks, thereby improving corporate governance and initiating reforms of the banking industry.[3]

  1. ^ Gao Jie (2013): China's Bank Reform and the Roles of Sovereign Wealth Fund, in Hummel, Detlev (Ed.): The Euro Financial Crisis. Impacts on Banking, Capital Markets, and Regulation. Report of the International Workshop in Potsdam on July 20/21, 2012. Universitätsverlag Potsdam, p.77-9.
  2. ^ Gao Jie (2013), p. 79.
  3. ^ Inside CCB Archived 2007-09-29 at the Wayback Machine

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