Temasek, GIC Longfor some action in China property bubble

Bink SG

From uncletrader:http://singaporeuncletrader.wordpress.com/

Temasek, GIC Longfor some action in China property bubble

"Notwithstanding the global equities top being called, and the Stuyvesant Town flip that’s turning Titanic, the ‘long-term investors’ at GIC and Temasek are now planning to sink a total of US$100 million of our HDB money into China property through Longfor Properties Co." >>article continues

(Note: For GIC/Temasek watchers, there are a couple more articles in this blog about GIC's US$575 million flip in NYC that's about to go belly up.)

Seowlah SG

Wa, uncletrader, you got some good tips for us to win money huh.

So, buy which stocks ?

angel7030 SG

got, IMH stock

angel7030 SG

got, IMH stock

Bink SG

No recommendation. The article only points out that we have money in China's property market - whether we like it or not. So be comforted in that you have some of your money parked in China's property market for the next couple of years at least.