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Chinese electronics giant Changhong may become Bill Gates'first investment in China's A share market.
The Bill and Melinda Gates Foundation has been approved by the State Administration of Foreign Exchange to invest in Chinese shares and bonds under the Qualified Foreign Investor scheme, according to China Radio International Tuesday.
Founded in 2000, the charitable foundation has an endowment of about 27 billion US dollars, the largest among the first 17 foreign institutions to be approved by the authority.
The Gates' foundation has alrady made very profitable investments in the Hong Kong stock market.
Sourcr: CRIENGLISH.com
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