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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

Published Tue, Apr 14, 2015 · 09:50 PM

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    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 per cent in the one year through March 31, far outperforming the SNL Asia-Pacific Bank index, which rose 7.56 per cent. These regional banks would include those from Japan and Australia.

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