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Temasek is single-largest foreign investor in Chinese banks: report

Its combined holdings in three Chinese banks is valued at US$18 billion

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Temasek is ahead of Vanguard Group Inc and BlackRock Fund Advisors, two behemoths in the institutional space.

Singapore

SINGAPORE's Temasek Holdings is the single-largest foreign investor in Chinese banks, data from SNL Financial showed on Tuesday.

And this comes as Chinese banks have outdone their peers in the region, according to indices from SNL. Its SNL China Bank index gained 34.71

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