Then, he added more shares in the next two quarters and owned a total of 18, 372, 247 at March 31, 2012, making the holding 5.2% of his portfolio and his fifth-largest holding.
Ian Bremmer and Nouriel Roubini, respectively president of the Eurasia Group and a professor at New York University, pointed out in The Wall Street Journal last week that 39 of the 42 Chinese companies listed among the Fortune 500 are state-owned, and three-quarters of China's 100 largest publicly traded companies are state-controlled.