08.09.2011 - Temasek - state fund or hedge fund?
When the Singapore government fund Temasek Holdings last July, its holdings in China Construction Bank (CCB) and Bank of China reduced substantially, this has been registered by market participants with astonishment. The guide in charge of Temasek earlier had always stressed that they had continued to trust in the upside potential of the banking stocks in the Middle Kingdom. The disposals in the amount of approximately HK $ 28 billion (2.8 billion francs) was explained by shifts in the portfolio..............................................Full Article: Source
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