Teck shares slump with China’s Sell

A unit of Chinese sovereign wealth fund China Investment Corp (CIC), a cornerstone shareholder of Teck Resources Ltd, has sold around 41.5 per cent of its stake in the Canadian miner, Teck said on Tuesday, sending its shares tumbling. Teck said that CIC, which bought a 17.2 per cent stake in Vancouver-based Teck in 2009, […]

read more