WebAug 17, 2024 · Temasek Holdings walked into a stock market minefield in China last quarter by putting more money into several Chinese education and tech-platform stocks and disclosing a big stake in ride-hailing ... WebNov 15, 2024 · Ride-hailer Didi is just one of the Chinese companies in Temasek's portfolio that has been caught up in Beijing's clampdown on the tech sector. (Photo by Akira Kodaka) DYLAN LOH, Nikkei staff ...
Temasek slashes stakes in Alibaba and Didi, exits Baidu amid crackdown
WebAug 18, 2024 · Overall, Temasek held a total of US$562 million stakes in six Chinese tech companies — Didi Global, New Oriental, TAL Education, Baidu, Kanzhun, and Pinduoduo — at the end of June, which have been plummeting in value. Temasek’s total loss stemming from the dip in shares of these six companies is estimated to be more than US$224.25 … WebMar 2, 2024 · Didi Chuxing (Temasek) The Chinese ride-hailing company, valued at US$57.6 billion in April 2024, is in early talks with investment bankers and might list in the second half of this year, according to tech news outlet The Information. It is eyeing the Hong Kong Stock Exchange with a valuation of more than US$60 billion, Reuters reported. camping car challenger graphite 328
Didi backer Temasek stays optimistic on China, despite …
WebJun 26, 2024 · Didi plans to start trading on Wednesday after a short roadshow for investors for the keenly awaited IPO. Didi set a price range of between US$13 and US$14 per American Depositary Share (ADS), a regulatory filing showed on Thursday, and said it would offer 288 million such shares in the IPO. WebNov 16, 2024 · Singapore’s state-owned investor Temasek Holdings Pte sold shares of U.S.-listed Chinese technology companies from Alibaba Group Holding Ltd BABA and DiDi Global Inc DIDI to online education ... WebNov 16, 2024 · Temasek, which managed assets worth S$381 billion ($282 billion) as of March, told Bloomberg in September that it was holding off on further Chinese tech … first watch restaurant greendale