Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
CIC in new round of global recruitment
Adjust font size:

China Investment Corp is starting a new round of global recruitment to support its expansion.

"We seek highly qualified professionals worldwide. Job opportunities are offered in over 33 categories by 13 departments," the country's US$200-billion sovereign wealth fund said on its Website on Tuesday.

The categories include risk management, private equity, real estate, infrastructure, commodities and hedge fund investment, the company said, without saying how many positions are available.

CIC, which has about 200 employees currently, is interested in overseas investments as the financial crisis eases.

It agreed to spend US$1.2 billion buying common shares in Morgan Stanley because it is optimistic about the company's future growth. It is buying 44.7 million shares to raise its stake in the United States bank to 9.86 percent, the size of the original stake it held in 2007.

Goodman Group, Australia's largest industrial property trust, announced on Tuesday that CIC would invest A$200 million (US$159 million) in the group. CIC also said on its Website that it had taken over the supervision of China Reinsurance (Group) Corp.

China Reinsurance is the only reinsurance company in China and it converted to a shareholding company after US$4 billion in funding in 2007 from CIC unit Central Huijin Investment Co.

(Shanghai Daily June 18, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Pet Name
China Archives
Related >>
- CIC confirms financing deal with Goodman Group
- CIC to invest in Goodman Group
- CIC intends to invest in Italian electric power giant
June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

July 3-4 Beijing Global Think Tank Summit
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?