Temasek sells China bank duo after ICBC buy
Singaporean state-owned investment company Temasek sold stakes in Bank of China and China Construction Bank this week, in a move that suggested it was upgrading its investment strategy in the mainland banking sector after also increasing its holding in Industrial and Commercial Bank of China earlier last month.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts