淡马锡计划加大在华投资

　　SINGAPORE Temasek Holdings， the largest overseas investor in Chinese banks， said it has spent more than 8 billion Singapore dollars， or $5.1 billion， buying assets in China， and plans to add more to capitalize on the rapid growth there.

　　The state-owned company favors investments that will benefit from China' s burgeoning middle class， Frank Tang， managing director and head of China investments for Temasek， said in an interview.

　　China is at the forefront of Temasek efforts to increase returns by diversifying its $65 billion portfolio away from Singapore，erehwit is the main shareholder in the city's biggest bank， airline and telephone company. It has invested in at least a dozen Chinese companies， buying 4.65 percent of Bank of China， the nation's No. 2 lender， and 5.9 percent of China Construction Bank， the third biggest，3.9 percent stake in China Minsheng Banking， the country's biggest privately controlled lender.

　　“We are interested in urbanization trends and we are interested in finding proxies to ride the economic growth，” Tang said in the interview in Hong Kong. “We are increasing our investment in China.”

　　Since 2005， Temasek has spent more than 7 billion Singapore dollars on stakes in Chinese lenders， or about 90 percent of its spending in the country.

　　Unrealized gains from Temasek banking investments have surged as bank shares have risen. It paid $2.47 billion for a 5.9 percent stake in China Construction， which is now worth $5.7 billion.

　　The company paid $2 billion for 4.8 percent of Bank of China. The stake has since been diluted to 4.65 percent and is worth $4.9 billion.

　　新加坡淡马锡控股是中国银行业最大的海外投资者，它在中国的投资已经超过80亿新元（约合51亿美元）。随着

中国经济的迅速发展，淡马锡计划加大在中国的投资。

　　负责中国投资事务的淡马锡投资部董事总经理唐葵在接受采访时说，淡马锡倾向于投资可能从当地中产阶级崛起而受惠的公司。

　　中国是淡马锡的前沿阵地，为了提高投资回报，淡马锡正在积极将650亿美元的投资组合从新加坡分散到更多市场。到目前为止，淡马锡在中国投资了至少12家公司，其中包括中国银行的4.65％股权、中国建设银行的5.9％、中国民生银行的3.9％股权。

　　唐葵表示，淡马锡对中国的城市化发展很感兴趣，因此将找寻机会参与中国的经济增长，并增加在中国的投资。

　　自2005年以来，淡马锡在中国银行业已经投入70亿元，占它在中国投资的大约九成。

　　据估算，随着银行股的价格攀升，淡马锡在当地银行业的投资收益明显提高。它曾以24.7亿美元买下中国建设银行5.9％的股权，如今这批

股票的市值是57亿美元。

　　公司还以20亿美元买下4.8％的中国银行股权，如今的股权虽然减少到4.65％，但是市值却增加到49亿美元。