chairman gao

  1. 292 Posts.
    "Preparation of 48 billion U.S. dollars of investment to invest overseas"

    http://news.chinatimes.com/CMoney/News/
    News-Page-content/0,4993,11050701+122009082800201,00.html

    2,000 billion in assets holding a Chinese sovereign wealth funds - China Investment Corporation, the general manager Gao interviewed by the media, pointed out that the worst case scenario the global economy has bottomed out, the investment plans to expand the scale of overseas investment compared with last year, an increase 9 times! According to last year invested 4.8 billion U.S. dollars of overseas investment is estimated that investment in overseas bargain-hunting this year, a silver bullet will reach 48 billion U.S. dollars.

    It is cast in the annual report recently released data showing the first end of last year, Chinese investment and registered capital of 2,000 billion U.S. dollars, about half for overseas investment, the overall return on capital of 6.8%, the investment performance is superior to the Government of Singapore Investment Trader companies, countries such as South Korea's sovereign wealth funds.

    Last year, the financial tsunami sweeping the world, the investment market conditions subject to a downward spiral, based on mobility and safety considerations under the cast of investment funds into a cash position of up to more than 8, while the total amount of overseas investment only 48 billion U.S. dollars.

    However, with the gradual recovery of the global economy under the Gao In an interview with Japan's "Asahi Shimbun," an interview, said the vote in the international market for investment, less panic, for the attitude of foreign investors will "become active" the estimated size of this year's new overseas investment will be increased to tens of billions of dollars, the rate at about 10 times.

    Last year, the recruitment of about 200 investment professionals in the financial markets this year, then the establishment of the International Advisory Board, to establish an investment platform; next year, then will be further investment from around the world recruit skilled personnel.

    Gao believes that the global market economy and the general improvement in the investment company will also begin to actively seek overseas investment opportunities, I believe can help the world economy from the financial chaos in post-tsunami come to the fore.

    In fact, especially since the second half, the investment company has put another Chau Jiamin Group (Goodman Group), Canada Tektronix mining, Beijing Golden served by CITIC Capital, etc.; and plans to invest 2 billion U.S. dollars invested in the U.S. mortgage-backed securities, and has also been revealed that the cast is working with the Hollywood film production companies contacted plans to invest in shares.

    Gao interview and said that the vote for the Japanese market is also fairly eager to invest, mainly because I think the Japanese economy is slowly picking up, more interested in investment in Japanese companies and Japan lock real estate investment.

    On the other hand, he also pointed out that if investments in gold to invest in Japan's stock market and I believe that Japan is concerned, the capital market will be bringing a "活泉", which will create a lot of money for the Japanese stock market momentum.
 
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