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» A Chinese consortium was the biggest buyers of the China Construction Bank stake that Bank of America sold last month, the Financial Times reported, quoting several people familiar with the deal.
» The report said that the State Administration of Foreign Exchange, the national Social Security Fund and Citic Securities bought the CCB shares.
» Bank of America sold about 13.1 billion H shares of CCB for 8.3 billion U.S. dollars on August 29. The bank still holds about 5 percent of stake in CCB after the cut.