Temasek says it won't cut AgriBank stake, Caijing says

Temasek Holdings said it won’t cut its stake in Agricultural Bank of China, Caijing reported today, citing the Singaporean company.

 

Temasek maintains its positive outlook on Chinese banks, the report said, citing Ding Wei, the company’s China head.

 

Temasek, Singapore’s state-owned investment company, said in an e-mailed statement it “maintains its long-term positive outlook on Chinese banks.”