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INVESTMENT BANKING | Staff Reporter, China
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Temasek buys one third of CCB shares

And the remaining stocks from BofA were bought by Chinese investors.

Reuters noted that Singapore wealth fund Temasek Holdings Pte Ltd bought about one third of the China Construction Bank Corp shares offloaded by Bank of America Corp. This is the second time Temasek buys CCB shares since August.

According to Reuters, before this latest buy, Temasek already owned about 8.1 percent of CCB's Hong Kong-listed shares.

View the full report here.
 

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