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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek Adds China Holdings With JD.com, Cheetah Stakes

Posted on 15 August 2014

Temasek Holdings Pte, Singapore’s state-owned investment firm, purchased U.S.-listed stocks in Chinese technology and consumer firms backed by the country’s billionaires as it diversifies away from bank holdings.
Temasek, directly or through its units, bought 602,139 American depositary receipts of China’s second-largest e-commerce site JD.com Inc. (JD:US) with a market value of $17.2 million, according to a filing yesterday with the U.S. Securities and Exchange Commission………………………………………..Full Article: Source


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