国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

(Bloomberg)
Updated: 2007-08-02 09:13

A Chinese State investment fund may increase its shareholding in BG Group Plc after acquiring 0.46 percent of the UK's third-largest gas producer, Cazenove Group said.

An investment fund with China's central bank purchased 15.5 million shares of Reading, UK-based BG Group between June 15 and July 13, Cazenove analyst Fred Lucas said in a note yesterday.

Related readings:  Forex company to officially open in September  Blackstone to buy into State-owned firm  Cash for Barclays, expertise for CDB  CDB makes global finance foray

The Chinese government recently set up a State investment fund to switch US dollar reserves into high-yielding equity investments, the report said.

"Given the scale of US dollar reserves that it is understood to be trying to redeploy for higher returns, there ought to be potential for it to buy a much larger stake," the Cazenove note said.

BG spokeswoman Trina Fahey confirmed the People's Bank of China is a shareholder. She declined to say how many shares they held.

A spokesman for the People's Bank of China in Beijing said the bank didn't have a direct holding in the company and the purchase may have been made on behalf of a State investment fund.

Higher liquefied natural gas shipping volumes and prices helped BG's second-quarter net income rise 13 percent from a year earlier, BG said last week.