it owned shares worth about $42 billion in some 850 Chinese companies. Those investments will be managed in future from its Asia hub in Singapore, it said.
The decision to close its Shanghai office was driven by “operational considerations” and doesn’t affect the fund’s investments or its investment strategy in China, NBIM said in a statement on Thursday.
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I don't know you, but I don't trust someone who will only let me read a piece of information in exchange for stealing my personal data...
In the case of Norway there’s most probably some geo-politics in play, too, as they’re a NATO country. Looks bad to have NATO money help develop an ideological enemy.
Norway's 1.4 trillion pension fund is shutting its Shanghai office https://www.cnn.com/2023/09/08/investing/china-norway-fund-s...
Ark invest with 9B is entirely out of China https://www.news-journal.com/arena/thestreet/cathie-wood-pul...