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Aggregated China Business Blogs
Temasek Fully Exits From New China Life Insurance
Aggregated Source: China Money Network
Singapore's sovereign wealth fund Temasek Holdings exited its entire stake in New China Life Insurance (NCI) last week for a total of proceeds of US$276 million, according to media reports. It sold 78 million shares at HK$27.45 per share, representing a 5.5% discount to the Hong Kong-listed firm's closing price last Friday at HK$29.05. Goldman […]


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