TOPIC

/ company

Temasek Holdings

Temasek Holdings is an investment company owned by the government of Singapore. Temasek is one of a few global firms with the highest corporate credit ratings by both Standard & Poor's and Moody's, of AAA and Aaa respectively.

Chairman / President

Lim Boon Heng

CEO / Managing Director

Dilhan Pillay Sandrasegara

CFO / Finance Director

Kevin Cheong

Industry

Investment Management

Website

temasek.com.sg

Headquarters address

Temasek Holdings (Private) Limited,28 Orchard Road,Temasek Holdings,Singapore 238832

Year founded

1974

SmartMore provides intelligent manufacturing and digital innovation through a proprietary industrial platform that integrates software and hardware for enterprise clients. Photo: Edmond So

Hong Kong stock market

First HKIC bet SmartMore seeks Hong Kong IPO amid booming tech pipeline

Unicorn’s AI platforms power firms from Tesla to Apple suppliers, highlighting the government fund’s role in the city’s tech investment push.

17 Mar 2026 - 2:40PM

Hong Kong stock market

The big cornerstone comeback: what’s driving investors back to Hong Kong IPOs?

28 Feb 2026 - 1:44PM

Hong Kong stock market

Chinese energy drink maker Eastroc’s shares debut flat in Hong Kong

3 Feb 2026 - 4:35PM

IPO

Chinese drinks maker Eastroc’s US$1.3 billion Hong Kong IPO gives it wings

Shanghai-listed firm is selling 40.9 million shares for HK$248 each, which would give it a market cap of about US$21 billion.

26 Jan 2026 - 4:49PM

China’s Eastroc Beverage makes an alternative to Red Bull on the mainland. Photo: Handout

Banking & finance

Global funds, from BlackRock to Temasek, back China’s largest biotech firms

Global institutional investors have built up sizeable positions in firms including Innovent, 3SBio, WuXi Biologics, Jiangsu Hengrui, Akeso and BeOne.

23 Jan 2026 - 8:30AM

IPO

China’s Busy Ming to test investor appetite with Hong Kong IPO

Snack and drink retailer aims to raise up to US$428 million, but listing plan comes amid weak mainland domestic demand.

20 Jan 2026 - 12:15PM

Banking & finance

Growth in sovereign investors’ China exposure slows amid political tensions

Inflows fall 58 per cent as sovereign wealth funds grow cautious, yet outlook signals selective opportunities ahead, experts say.

14 Jan 2026 - 7:30PM

Sovereign investment activity has become increasingly politicised, forcing some Western state-owned investors to avoid major deals in China, according to a data platform. Photo: EPA

Hong Kong economy

Editorial | Hong Kong’s IPO market rings in 2026 on a high note

The city catapulted itself into the global top spot for initial public offerings in 2025, with another strong pipeline of listings expected this year.

1 Jan 2026 - 7:15AM

IPO

China vital to Insilico’s plan to build biotech’s AI ‘Einstein’ for new drugs

US firm, backed by Fosun and Tencent, expands research base in China as it develops an AI-powered drug-discovery tool.

31 Dec 2025 - 2:26PM

Thailand

Thailand court orders Thaksin to pay US$540 million in tax dispute

The Supreme Court overturned a prior decision, ordering Thaksin pay tax on his Shin Corporation sale to Singapore’s Temasek Holdings in 2006.

18 Nov 2025 - 6:00AMvideocam

Former Thai Prime Minister Thaksin Shinawatra arrives at the Supreme Court in Bangkok in September, photo: dpa

Sovereign wealth fund

Singapore’s Temasek invests in WeRide, Pony.ai to boost China tech holdings

Temasek’s latest deals reflect the 51-year-old investment giant’s focus on forward-looking technologies.

15 Nov 2025 - 3:19PM

Temasek Holdings invests around US$13.7 million in combined shareholdings in WeRide and Pony.ai. Photo: Shutterstock

Singapore

Singapore-based AI start-ups draw most funding in Southeast Asia: report

A total of 495 AI start-ups secured US$1.31 billion in funding in Singapore in the first half of this year.

11 Nov 2025 - 8:10PMvideocam

Singapore

Singapore’s Temasek mulls three-way split to boost returns

The potential reorganisation of Singapore’s state investor comes amid pressure to outperform global indices.

20 Aug 2025 - 7:31PM

US-listed Chinese stocks

Temasek cuts Chinese tech stocks, goes long on consumer companies

Temasek slashed its holdings of JD.com by 87 per cent, cut its Alibaba stake by two-thirds and cut NetEase by 38 per cent, according to its 13F disclosure.

16 Aug 2025 - 9:31AM

Indonesia

Indonesia arrests founder of high-flying fish start-up over fraud scandal

An investigation revealed aquaculture start-up eFishery claimed revenues of over US$500 million more than its true earnings.

5 Aug 2025 - 2:24PM

Gibran Huzaifah, co-founder of eFishery, has admitted that he faked accounts. Photo: eFishery

IPO

Hong Kong’s IPO dominance leaves Singapore grasping for lost allure

The listings of IFBH and Mirxes underline Hong Kong’s superiority, but Singapore is not giving up, bankers and analysts say.

30 Jun 2025 - 1:21PM

Asean

Asian Angle | Are migrant workers the real glue cementing Asean-GCC ties?

The surprising truth behind the growing partnership lies in its people-to-people connections, remittances, the haj and financial mobility.

28 Jun 2025 - 12:00PMvideocam

Indonesia

Can Indonesia truly ‘copy with pride’ Singapore’s success?

Indonesia’s president is keen to replicate the neighbouring city state’s triumphs, but analysts warn that deeper reforms will be needed.

21 Jun 2025 - 6:30PM

Singapore

Jetstar Asia’s exit signals turbulent times for low-cost airlines

The low-cost arm of Australian airline Qantas says it will shut down next month due to rising operating costs and competition.

12 Jun 2025 - 4:13PM

India

Temasek takes a big bite of India’s food market with major Haldiram’s deal

The state investment fund has reportedly bought a 10 per cent stake in the leading Indian food company for US$1 billion.

3 Apr 2025 - 2:32PM

Artificial intelligence

Rokid’s AI-infused AR glasses wow China with real-world demo

A demonstration by company founder Misa Zhu at a government event has gone viral on social media and sparked a stock market frenzy.

25 Feb 2025 - 10:46PM

Misa Zhu Mingming, CEO and founder of Chinese augmented reality (AR) start-up Rokid, introduces the Rokid Glasses at a launch event last year. Photo: Weibo

Indonesia

Indonesia approves investment arm to replicate success of Singapore’s Temasek

The agency, dubbed Danantara, is set to receive trillions of rupiah in initial capital as it aims to improve returns from state investments.

4 Feb 2025 - 1:39PMvideocam

Singapore

SingPost downplays concerns over operational integrity after terminations

Company says it remains ‘confident of our legal position’ after two of three executives claimed their termination was unfair and ‘without merits’.

24 Dec 2024 - 5:10PM

E-commerce

Southeast Asia’s e-commerce gold rush draws Chinese giants

The region’s e-commerce market is set to double by 2030, a new report finds.

7 Nov 2024 - 6:00PM

Banking & finance

Start-up spurs Xiaohongshu-ready ‘experiences’ in Hong Kong

Strategy also seeks to capture anticipated growth in visits by Western tourists who spend more per capita.

4 Nov 2024 - 12:19PM

Tourists explore the scenic Lions Pavilion at The Peak during the National Day ‘golden week’ holiday on 2 October 2024. Photo: May Tse

ONE Championship

MMA promoter ONE Championship makes ‘few dozen’ job cuts in bid for profitability

Lay-off plan comes soon after reports Group One Holdings, which backs the mixed martial arts brand, had raised at least US$50m from investors.

17 Oct 2024 - 7:51PM

ONE chief executive Chatri Sityodtong said in an email to staff that the job cuts were made despite the company being “on the verge of profitability”.

Mergers & Acquisitions

China’s Fosun in talks to sell stake in Club Med to Singapore’s CapitaLand

The firm, part of Temasek Holdings-owned conglomerate CapitaLand Group, seeks to acquire from 20 to 30 per cent of the hotelier.

17 Sep 2024 - 4:52PM

Singapore

Convicted Singapore tycoon’s mansion sold at US$3.1 million discount

A significant discount offered on OK Lim’s high-end property indicates valuations at the pointy end of the market are under pressure.

24 Aug 2024 - 8:05PM

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Temasek Holdings

First HKIC bet SmartMore seeks Hong Kong IPO amid booming tech pipeline

Unicorn’s AI platforms power firms from Tesla to Apple suppliers, highlighting the government fund’s role in the city’s tech investment push.

The big cornerstone comeback: what’s driving investors back to Hong Kong IPOs?

Chinese energy drink maker Eastroc’s shares debut flat in Hong Kong

Chinese drinks maker Eastroc’s US$1.3 billion Hong Kong IPO gives it wings

Shanghai-listed firm is selling 40.9 million shares for HK$248 each, which would give it a market cap of about US$21 billion.

Global funds, from BlackRock to Temasek, back China’s largest biotech firms

Global institutional investors have built up sizeable positions in firms including Innovent, 3SBio, WuXi Biologics, Jiangsu Hengrui, Akeso and BeOne.

China’s Busy Ming to test investor appetite with Hong Kong IPO

Snack and drink retailer aims to raise up to US$428 million, but listing plan comes amid weak mainland domestic demand.

Growth in sovereign investors’ China exposure slows amid political tensions

Inflows fall 58 per cent as sovereign wealth funds grow cautious, yet outlook signals selective opportunities ahead, experts say.

.css-1pcrwvc{color:#2aa191;}Editorial | Hong Kong’s IPO market rings in 2026 on a high note

The city catapulted itself into the global top spot for initial public offerings in 2025, with another strong pipeline of listings expected this year.

China vital to Insilico’s plan to build biotech’s AI ‘Einstein’ for new drugs

US firm, backed by Fosun and Tencent, expands research base in China as it develops an AI-powered drug-discovery tool.

Thailand court orders Thaksin to pay US$540 million in tax dispute

The Supreme Court overturned a prior decision, ordering Thaksin pay tax on his Shin Corporation sale to Singapore’s Temasek Holdings in 2006.

Singapore’s Temasek invests in WeRide, Pony.ai to boost China tech holdings

Temasek’s latest deals reflect the 51-year-old investment giant’s focus on forward-looking technologies.

Singapore-based AI start-ups draw most funding in Southeast Asia: report

A total of 495 AI start-ups secured US$1.31 billion in funding in Singapore in the first half of this year.

Singapore’s Temasek mulls three-way split to boost returns

The potential reorganisation of Singapore’s state investor comes amid pressure to outperform global indices.

Temasek cuts Chinese tech stocks, goes long on consumer companies

Temasek slashed its holdings of JD.com by 87 per cent, cut its Alibaba stake by two-thirds and cut NetEase by 38 per cent, according to its 13F disclosure.

Indonesia arrests founder of high-flying fish start-up over fraud scandal

An investigation revealed aquaculture start-up eFishery claimed revenues of over US$500 million more than its true earnings.

Hong Kong’s IPO dominance leaves Singapore grasping for lost allure

The listings of IFBH and Mirxes underline Hong Kong’s superiority, but Singapore is not giving up, bankers and analysts say.

Asian Angle | Are migrant workers the real glue cementing Asean-GCC ties?

The surprising truth behind the growing partnership lies in its people-to-people connections, remittances, the haj and financial mobility.

Can Indonesia truly ‘copy with pride’ Singapore’s success?

Indonesia’s president is keen to replicate the neighbouring city state’s triumphs, but analysts warn that deeper reforms will be needed.

Jetstar Asia’s exit signals turbulent times for low-cost airlines

The low-cost arm of Australian airline Qantas says it will shut down next month due to rising operating costs and competition.

Temasek takes a big bite of India’s food market with major Haldiram’s deal

The state investment fund has reportedly bought a 10 per cent stake in the leading Indian food company for US$1 billion.

Rokid’s AI-infused AR glasses wow China with real-world demo

A demonstration by company founder Misa Zhu at a government event has gone viral on social media and sparked a stock market frenzy.

Indonesia approves investment arm to replicate success of Singapore’s Temasek

The agency, dubbed Danantara, is set to receive trillions of rupiah in initial capital as it aims to improve returns from state investments.

SingPost downplays concerns over operational integrity after terminations

Company says it remains ‘confident of our legal position’ after two of three executives claimed their termination was unfair and ‘without merits’.

Southeast Asia’s e-commerce gold rush draws Chinese giants

The region’s e-commerce market is set to double by 2030, a new report finds.

Start-up spurs Xiaohongshu-ready ‘experiences’ in Hong Kong

Strategy also seeks to capture anticipated growth in visits by Western tourists who spend more per capita.

MMA promoter ONE Championship makes ‘few dozen’ job cuts in bid for profitability

Lay-off plan comes soon after reports Group One Holdings, which backs the mixed martial arts brand, had raised at least US$50m from investors.

China’s Fosun in talks to sell stake in Club Med to Singapore’s CapitaLand

The firm, part of Temasek Holdings-owned conglomerate CapitaLand Group, seeks to acquire from 20 to 30 per cent of the hotelier.

Convicted Singapore tycoon’s mansion sold at US$3.1 million discount

A significant discount offered on OK Lim’s high-end property indicates valuations at the pointy end of the market are under pressure.

Editorial | Hong Kong’s IPO market rings in 2026 on a high note