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LOL at the "enormous sovereign-wealth fund" comment. No such thing. We finally got one new just a year or so ago and it's miniscule (obviously, as it's new): h
by ulfw 3y ago
LOL at the "enormous sovereign-wealth fund" comment. No such thing.
We finally got one new just a year or so ago and it's miniscule (obviously, as it's new):
https://www.chinadailyhk.com/article/304054 https://www.chinadailyhk.com/article/304054
- LudwigNagasena 3y agoIt is basically a restructuring of existing funds. The Exchange Fund acted as an SWF in all but name for a long time.
- blitzar 3y agoThe Exchange Fund is a SWF - the 4th largest in the world.