Vancouver based Teck Resources Ltd. Announced Tuesday that a Chinese sovereign wealth fund has nearly halved its stake in the Canadian miner, a decision that comes amid signals Beijing wants state owned enterprises to invest more at home.Teck said one of the subsidiaries of China Investment Corp. Had sold, in a private transaction, 42 million Class B subordinate voting shares of Teck, worth about 7.36 per cent of the outstanding Class B shares.
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