IPFS News Link • China
China Desperately Seeking Commodities: China Investing in Russian Oil Producer
• Commodity Trader AlertThe agreement appears to be a route to a backdoor listing of the Russian company in Hong Kong. In one unusual aspect of the deal, Hong Kong-based financial firm Oriental Patron Financial Group is a shareholder in both Nobel Holdings and the Hong Kong-listed company, Kaisun Energy Group Ltd.
China Investment Corp., the sovereign fund, said in a statement posted on its Web site Thursday that