Chinese bank stocks sky after Huijin Investments - an arm of China's SWF - buys $31M worth of...

|By:, SA News Editor

Chinese bank stocks sky after Huijin Investments - an arm of China's SWF - buys $31M worth of shares in the 4 major lenders. Huijin is already controlling shareholder of those banks, so its move is not totally unlike Berkshire Hathaway stepping into the market to buy up stock in BRK.A.