Didi Chuxing, Ant Group backer Temasek remains ‘bullish’ on China as Beijing cracks down on tech sector

Source: Tech – South China Morning PostSingapore sovereign wealth fund Temasek Holdings – an early backer of Ant Group and ride-hailing giant Didi Chuxing – remains “bullish” on investing in China even as Beijing cracks down on the country’s high-flying technology sector.China accounted for the largest part of the investor’s portfolio in the financial year ended in March, or about 27 per cent of its underlying assets, and executives said it will remain an important destination for investments in the future. Temasek’s net portfolio…Read More

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