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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, Trends

Temasek says still bullish on China, after bank stake selldown

Posted on 08 July 2011

Singapore state investor Temasek Holdings said on Thursday it remains bullish on China, even though it sold $3.6 billion worth of shares in two Chinese banks just a day earlier.
“We have faith in the policies of the Chinese government in the long term and we are bullish on China in the long term,” Nagi Hamiyeh, managing director for investments, told reporters at a briefing on Temasek’s performance for the financial year ended March 2011……………………………………….Full Article: Source


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