Temasek had 27 per cent of its assets invested in China, according to its March annual review, the single largest bet outside its Singapore base. Photo: AFP
Temasek had 27 per cent of its assets invested in China, according to its March annual review, the single largest bet outside its Singapore base. Photo: AFP

Temasek cuts losses in Chinese education stocks, trims Alibaba and Didi Global stakes after missteps, US filing shows

  • Singapore investment firm exited from Kanzhun, TAL Education and New Oriental after stepping into a minefield just before sector crackdown
  • Firm also exited Baidu, and trimmed positions in Alibaba Group and Didi Global, according to SEC filing

Topic |   China’s crackdowns
Temasek had 27 per cent of its assets invested in China, according to its March annual review, the single largest bet outside its Singapore base. Photo: AFP
Temasek had 27 per cent of its assets invested in China, according to its March annual review, the single largest bet outside its Singapore base. Photo: AFP
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