| Singapore’s sovereign investor Temasek Holdings Pte Ltd said yesterday it intends to keep investing in Chinese banks even as it reported a slowdown in its portfolio growth due to a drop in the value of some of its bank holdings.
Temasek, headed by Ho Ching, the wife of Prime Minister Lee Hsien Loong, owns a six per cent stake in China Construction Bank and a two per cent stake in Industrial and Commercial Bank of China. It also has holdings in other banks, including a stake of just under 18 per cent in British bank Standard Chartered.........................................Full Article: Source
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