CNBC·4 min read·medium
Temasek's China exposure jumps most in five years on AI, tech pivot
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Anniek Bao
✦AI Summary
Temasek Holdings has increased its investment in China by 10 billion Singapore dollars, shifting its focus toward 'hard tech' sectors like AI, robotics, and biotech. The state investor is pivoting away from traditional real estate and consumer goods as it adapts to China's maturing economy.
Temasek Holdings increased its China exposure by 10 billion Singapore dollars ($7.7 billion) last fiscal year — the biggest annual increase in five years, as the state investor repositions its portfolio in the country for a new growth cycle led by artificial intelligence and advanced technology.
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