Bloomberg.com, 10 Mar 2009, Luo Jun
March 10 (Bloomberg) -- Temasek Holdings Pte, Singapore’s $85 billion state-owned investment company, has sold its entire stake in China Minsheng Banking Corp., two people familiar with the matter said.
Temasek began paring its holding in the second quarter of 2008 after the banking regulator said it could only own stakes in two Chinese lenders, said the people, who spoke on condition of anonymity because the matter is private. Temasek also has stakes in China Construction Bank Corp. and Bank of China Ltd.
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