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Futures Jump, China Soars After Beijing Promises More Stimmies

Futures Jump, China Soars After Beijing Promises More Stimmies
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

Temasek portfolio surges to record after market rally

July 14, 2021 A Temasek logo is seen at the annual Temasek Review in Singapore, July 7, 2016. Reuters SINGAPORE, July 13 - Singapore s Temasek Holdings reported a 25 per cent rise in its portfolio value to a record $381 billion in the year ended March 2021, with gains powered by a global equities rally and the public listing of some of its holdings. Ranked among the biggest investors in the world, Temasek is anchored in Asia, with 64 per cent exposure to the region as measured by underlying assets of its portfolio companies, most of which are in China and Singapore. The increase in its portfolio value was the highest in a decade and follows a 2.2 per cent drop the previous year, with the state investor making record investments and divestments in the latest year, Temasek executives told a news conference on Tuesday (July 13).

Temasek Posts 25% Return, Most in 11 Years on Equities Rally

Temasek Posts 25% Return, Most in 11 Years on Equities Rally
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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