淡马锡增持工行H股

Singapore state investor Temasek Holdings has increased its stake in the Industrial and Commercial Bank of China. It has acquired 141 million Hong Kong dollars of shares. It now holds a 10 percent stake in the bank.

Temasek spokesman Jeffrey Fang explained that its company is confident in the long-term prospect of the Chinese economy, and seeks opportunities to broaden and rebalance its exposure to the economy.