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Temasek, GIC Longfor some action in China property bubble

Notwithstanding the global equities top being called, and the Stuyvesant Town flip that’s turning Titanic, the ‘long-term investors’ at GIC and Temasek are now planning to sink a total of US$100 million of our HDB money into China property through Longfor Properties Co.From WSJ “Temasek, GIC buy Longfor Shares”:Singapore state-owned investment companies Temasek Holdings Pte. ...

 

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