, according to Bloomberg, both Temasek and GIC have been big investors. The Chinese authorities have issued new regulations barring for-profit companies and banning foreign capital from the sector, effectively wiping out their investment. As neither of our Sovereign Wealth Funds publish detailed breakdowns of their portfolios, it is impossible to know how much has been lost but it is sure to run into the billions.
https://kenjeyaretnam.com/2021/07/21/why...SO3Jy1AFwQ
Who tell them to choose side?
嘴巴不说，行为已经很清楚。
(03-08-2021, 07:07 AM)singaporean1964 Wrote: [ -> ], according to Bloomberg, both Temasek and GIC have been big investors. The Chinese authorities have issued new regulations barring for-profit companies and banning foreign capital from the sector, effectively wiping out their investment. As neither of our Sovereign Wealth Funds publish detailed breakdowns of their portfolios, it is impossible to know how much has been lost but it is sure to run into the billions.
https://kenjeyaretnam.com/2021/07/21/why...SO3Jy1AFwQ
U must see when they go in lah. If they go in at low price then ok lah. Ang moh anyhow say.
One area our government works. Buy at a low price. Develop the area. Sell to another own company. The former has profited. The latter sells to external parties to make another profit.
(03-08-2021, 07:39 AM)winbig Wrote: [ -> ]U must see when they go in lah. If they go in at low price then ok lah. Ang moh anyhow say.
That is right.
I don't see how it is that bad. They have some in China but they have spread their investments all over.
This is not the first time China govt did this. My own thinking is its an opportunity more than anything else.
Put it in simple terms. They dont like pinky so they will try to make sure that pinky’s companies will not benefit from there
Sembcorp also screwed for $200m by China over its power plant, but yesterday everyone was distracted by Keppel and SPH.
(03-08-2021, 07:44 AM)theold Wrote: [ -> ]One area our government works. Buy at a low price. Develop the area. Sell to another own company. The former has profited. The latter sells to external parties to make another profit.
Wow you know so much inner working ? How you know?
one minute declare make big
another minute all evaporated
become worst performers
(03-08-2021, 01:37 PM)gottogo Wrote: [ -> ]Wow you know so much inner working ? How you know?
It is hard to see from 1 company. Personal conclusion. The prices they sell out is expensive boy. Yet, got people buy.
(03-08-2021, 10:10 AM)starbugs Wrote: [ -> ]Sembcorp also screwed for $200m by China over its power plant, but yesterday everyone was distracted by Keppel and SPH.
Singtel airtel lost billions in India due to 5G spectrum. Good.?
