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China sovereign wealth fund CIC profit rises 1.88 percent in 2016 – Nasdaq

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BEIJING, July 11 (Reuters) - China's sovereign wealth fund
China Investment Corp (CIC)[CIC.UL] on Tuesday reported a 1.88
percent rise in net profit, boosted by stronger return on its
overseas portfolio.
    CIC's net profit rose to $75.3 billion in 2016, up from
$73.9 billion in 2015, according to its annual report. Total
investment income was $83 billion in 2016, compared with $76.7
billion in 2015.

 (Reporting by Matthew Miller; Writing by Shu Zhang; Editing by
Stephen Coates)
 ((shu.zhang@thomsonreuters.com; +86 10 6627 1271; Reuters
Messaging: shu.zhang.thomsonreuters.com@reuters.net))

Keywords: CHINA CIC/RESULTS (URGENT)