Temasek's Portfolio Jumps By A Fifth To Record; Confident On China
Singapore state investor Temasek Holdings said the value of its portfolio jumped by almost a fifth to a record S$266 billion ($197 billion) on the back of a surge in Chinese bank stocks and added it was confident in China's long-term economic outlook. The 19 percent gain was Temasek's largest in five years and reflects its investments in lenders such as China Construction Bank and Industrial and ... Read News
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