Singapore state-investment company Temasek Holdings Pte. Ltd. has applied for $700 million new-investment quotas under China's Qualified Foreign Institutional Investors, or QFIIs, program, the China Securities Journal reported Thursday, citing Ding Wei, head of Temasek's China operations.
"China is the core market for Temasek's long-term investment and the country's blue chips have shown their investment value," the newspaper quoted Mr. Ding as saying.
China has granted Temasek a combined $300 million QFII investment quotas between 2005 and 2009. Full story
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Temasek Seeks to Boost Quota for Mainland Chinese Securities - Bloomberg
