As of 2024, Temasek Holdings reported a net portfolio value of SGD 389 billion as of March 31. The portfolio spans sectors like technology, financial services, sustainability, consumer goods, and healthcare, reflecting their focus on trends such as digitization, sustainable living, longer lifespans, and future consumption patterns. Key Investments • Technology: Investments in AI and digital enablers, particularly in the U.S. • Healthcare: Indian hospital network Manipal Hospita...
ICYMI, China's rolling out a huge $1.4 trillion (10 trillion yuan) plan to help local governments tackle debt and boost the economy. What it is: Local governments can swap their "hidden debt" by issuing six trillion yuan in new bonds over the next three years. And if that's not enough, they have another four trillion yuan lined up over the next five years. Authorities estimate this debt swap will save about 600 billion yuan in interest...
MET DEC4 Forum
Key Investments
• Technology: Investments in AI and digital enablers, particularly in the U.S.
• Healthcare: Indian hospital network Manipal Hospita...
➡️Online retail sales +16% (big improvement)✅
➡️Property Price Index -5.9% (slightly worsened)🔻
➡️Fixed asset investment +3.4% (same)
➡️Industrial production +5.3% (slightly worsened)🔻
➡️Unemployment rate 5.0% (slightly better)✅
China’s consumer economy is picking up a great deal of momentum in October and setting the stage for a strong 4Q for the likes of $BABA-W (09988.HK)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$ $MEITUAN-W (03690.HK)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $iShares MSCI China ETF (MCHI.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
What it is:
Local governments can swap their "hidden debt" by issuing six trillion yuan in new bonds over the next three years.
And if that's not enough, they have another four trillion yuan lined up over the next five years.
Authorities estimate this debt swap will save about 600 billion yuan in interest...
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