Government of Singapore Investment Corp. said it more than doubled its stake in China International Capital Corp., making it the second-largest shareholder of the first Sino-foreign investment bank.GIC, the manager of more than $100 billion of Singapore’s reserves, increased its stake to more than 16.35 percent from 7.35 percent, .... Full story
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Singapore's GIC doubles stake in China's CICC - AFP
Singapore's GIC Doubles Stake in CICC to Become Second-Biggest Investor - Bloomberg
