CIC

The president of China's sovereign wealth fund sees more sustainable outbound M&A activity after a sharp decline in 'irrational' purchases in areas like property.

China's sovereign wealth fund wants to increase its direct investment in the United States but is warned it won't find cutting deals easy.

Credit Agricole's private bank in talks to buy CIC's Hong Kong and Singapore wealth business, but industry observers say merged operation may itself become a takeover target.

Irish aircraft lessor Avolon gets snapped up at an attractive valuation underscoring China's growing appetite for M&A within the global jet leasing sector.

The appointment at the Chinese investment bank follows the resignation of Jin Liqun, who will join the newly established Asia Infrastructure Investment Bank.

The Chinese sovereign wealth fund raises $402 million from the sale of a 7.8% stake in the Hong Kong-listed solar power company.

The privately negotiated deal comes amid rumours that the company was looking to sell convertible bonds to a broader group of investors in the public market.

Russia’s VTB Capital and China’s Citic Securities are looking to break out of their local markets by helping each other intermediate growing trade and investment flows between their two countries.

Textile manufacturer Shenzhou International raises $198 million of fresh capital, while CIC trims its stake in polysilicon supplier GCL-Poly by $287 million.