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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek puts weight behind Mainland financial equities

Posted on 19 July 2013

Singapore sovereign wealth fund Temasek Holdings has become increasingly focused on Mainland insurance and securities equities in Hong Kong amid a correction on China’s A-share market.
According to figures from Hong Kong Exchange and Clearing (HKEx), Temasek purchased 2.86 million shares in China Pacific Insurance Group (CPIG) for HK$73.98 million (US$9.48 million) on July 11, taking its holding in the insurance giant from 4.93% to 5.03%………………………………………..Full Article: Source


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