| Based on publicly available information, Temasek Holdings is a significant shareholder in a number of Chinese banks, holding multi-billion-dollar stakes in three of China's "Big Four" banks. Given that Singaporeans are the ultimate stakeholders in Temasek, we need to be concerned about its outsized exposure to Chinese banks.
At the same time, it is in Temasek's interest to disclose the extent of its exposure to the Chinese banking sector and to provide assurances regarding the level of due diligence conducted on its China investments...............................................Full Article: Source |