| There is valuation concern within China’s technology industry after investors piled into the sector in the last couple of years, said an executive of Temasek Holdings Pte, an investor in e-commerce giant Alibaba Group Holding Ltd. before its 2014 initial public offering.
The Singapore state investment company is considering moving to earlier-stage investments in the industry as valuations get higher for companies that move closer to initial public offerings, said Wu Yibing, Temasek’s China head, at the Credit Suisse Asian Investment Conference in Hong Kong on Tuesday...............................................Full Article: Source
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