Temasek to buy CCB shares

I'm a moderate risk taker as well. Somehow when Jinx is involved, i feel worried for my CPF money :cool:

This will be another Citi or B of A of China....CCB ...a construction bank primarily lending contractors and builders.......wow the next wave of default is coming to the USA and that will affect China in a big way.

You will see how the CCB collapse and then Temasek loses another US$1.5 billion!
 
This will be another Citi or B of A of China....CCB ...a construction bank primarily lending contractors and builders.......wow the next wave of default is coming to the USA and that will affect China in a big way.

You will see how the CCB collapse and then Temasek loses another US$1.5 billion!

$1.5 billion very small amount to what she lost in 2008~2009. Estimate lost nearly US$30b. :mad:
 
hahaha....old fart says Lee HY is a very good in fund management......no wonder he is not in either GIC or Temasick...........

Didn't he said Citibank investment is for long term investment 30-40 years. Did temasek investment last that long?
 
Didn't he said Citibank investment is for long term investment 30-40 years. Did temasek investment last that long?

hahaha....i no investment guru.....but i guess situations and assessments change all the time.....bottomline your total portfolio value grows over the years....ok liow.
 
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