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13.08.26 - 12:15
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Norway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1 (ZeroHedge)
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Norway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1
By Michael Kern of OilPrice.com
The world's biggest sovereign wealth fund, Norway's $2.3-trillion Government Pension Fund Global, posted a record-high profit of $185 billion for the first half of 2026, as Asian technology stocks boosted its returns and profit on the portfolio.
Norway's Government Pension Fund Global (GPFG), which is commonly referred to as 'Norway's oil fund' because it was created with oil and gas revenues, is a shareholder in many large companies in the world, with more than half of the value of its equity investments in the U.S. market. The Norwegian fund was created in the 1990s, and today it holds, on average, 1.5% of all listed companies in the world.
For the first half of the year, the fund posted a record profit on the portfolio before foreign exchange adjustments at 1.753 billion Norwegian crowns, or $185 billion, the fund's manager, Norges Bank Investment Management (NBIM), said on Wednesday.
This...
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13.08.26 - 12:12
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CK Asset H1 Profit Rises (AFX)
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HONG KONG (dpa-AFX) - CK Asset Holdings Ltd. (1CK.F, 1113.HK) on Thursday reported a rise in its first-half profit, reflecting stronger performance compared with a year earlier. Profit attributabl......
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13.08.26 - 12:00
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CK Hutchison Holdings reports 31-fold surge in first-half profit (SCMP)
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CK Hutchison Holdings, one of the flagship companies owned by Hong Kong billionaire Li Ka-shing's family, reported a 3,046 per cent increase in its first-half profit amid a period the firm's chairman called “turbulent and uncertain”.
Meanwhile, profit at CK Asset Holdings, the group's other flagship company that focuses on residential and commercial property, registered a 37.8 per cent jump in net profit during the same period.
CK Hutchison, the port-to-telecoms conglomerate, said on Thursday......
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13.08.26 - 11:48
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China Mobile H1 Profit, Revenue Down (AFX)
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HONG KONG (dpa-AFX) - China Mobile (Hong Kong) Ltd (CHL), a major telecommunications operator in China, reported a decline in first-half profit, primarily due to lower revenue and higher operating......
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13.08.26 - 11:30
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MTR H1 Profit Rises; Revenue Down 4.1% (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - MTR Corporation (0066.HK) reported net profit attributable to shareholders of HK$15.87 billion for the six months ended June 30, 2026, compared with HK$7.71 bi......
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