19.07.2013 - Temasek puts weight behind Mainland financial equities
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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