03.05.2012 - Temasek cuts stakes in China banks
Temasek Holdings said Thursday it had cut its stakes in two of China's largest banks by selling shares worth $2.48 billion. The limited retreat from China Construction Bank (CCB) and Bank of China (BOC) is a "rebalancing" of its China portfolio after it upped its stake in mainland lending giant ICBC Bank in mid-April, a Temasek spokesman told AFP...............................................Full Article: Source
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