TH strolled into a financial exchange minefield in China last quarter by placing more cash into few Chinese schooling and tech-stage stocks and unveiling a major stake in ride-hailing firm , before they sank in July in the midst of an administrative tempest.
The Singapore state speculation arm started four new situations in the depositary portions of Chinese organizations – 17 Education and Technology, Baidu, and New Oriental and other online class platform – during the three months to June 30, as per its 13F documenting with the US Securities and Exchange Commission (SEC) late on Monday. It revealed a US$466 million stake in ride-hailing firm Didi Global after its New York posting in June.
