Temasek Trims Holdings in China Construction Bank

Posted on 01/20/2015


Singapore’s Temasek Holdings has sold HK$ 354 million worth, 54.38 million H shares, of China Construction Bank (CCB) last Tuesday. CCB is China’s second biggest commercial bank. Temasek lowered its ownership in CCB from 6.02% to 5.99%. Temasek perceives the major Chinese banks as proxies of China’s growing economy. Temasek Holdings has exposure to a […]

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