China buys $2 billion in U.S. shares for $9 billion

NEW YORK — Chinese real estate company HCM Group has bought more than $2.2 billion of U.N. shares from the International Monetary Fund for $1.8 billion, the Chinese government said Monday, in a deal that would raise China’s share ownership of U,S.stocks by nearly 30%.HCM said in a statement that it also bought shares of …