China needs to shop for a large chunk of Facebook

China Needs To Shop For A Large Chunk Of Facebook

China needs to shop for a large chunk of FacebookChina needs to shop for a large chunk of Facebook, a supply at a fund that buys stock from former Facebook staff tells us.

This supply learned of China’s interest when it approached him to visualize if he may facilitate place along a stake massive enough “to matter.”

Seperately, a second supply tells us there’s a rumor going around Facebook that Citibank is at this terribly moment making an attempt to accumulate the maximum amount as $1.2 billion value of Facebook stock on behalf of 2 sovereign wealth funds –  China’s and another from the center East.  Another supply from an investment bank that’s terribly influential in Silicon Valley says he is conjointly heard a rumor regarding Citibank’s interest on behalf of China.

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