Funds affiliated with China’s central bank have bought a minority stake in Mediobanca, Italy’s pre-eminent investment bank, highlighting China’s willingness to place a long-term bet on the eurozone’s troubled periphery.
The disclosure that the People’s Bank of China had taken a 2.001 per cent stake in the Italian lender this month was made in a note by the Italian stock market regulator yesterday.
It marks the latest foray into the eurozone’s third-largest economy by the central bank’s investment arm, the State Administration of Foreign Exchange (Safe), which manages the country’s $4tn in reserves.
您已阅读20%（603字），剩余80%（2375字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。