China's CIC fund sells 41.5% stake in Canadian miner Teck

China's CIC fund sells 41.5% stake in Canadian miner Teck

The headquarter building of China Investment Corporation (CIC) is pictured in Beijing, China, March 1, 2016. REUTERS/Jason Lee

A unit of Chinese sovereign wealth fund China Investment Corp (CIC), a cornerstone shareholder of Teck Resources Ltd, has sold around 41.5 percent of its stake in the Canadian miner, Teck said on Tuesday, sending its shares tumbling.

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