After HDFC, People’s Bank of China invested in these bluechips last fiscal

After HDFC, People’s Bank of China invested in these bluechips last fiscal

At a time when Chinese investments in Indian equities are in the crosshairs, a sift through the latest available annual reports of Nifty 50 companies reveals that People’s Bank of China (PBOC) increased stake by 25% and 34.3% in Asian Paints and Ambuja Cements respectively in the previous fiscal year. The Chinese central bank held … Read more