GIC return slips to 3.4% as Singapore fund revamps portfolio framework
What's new: The sovereign fund plans to put another US$30 billion into hedge funds over three years while keeping AI as a core focus.
Subject
#Gic
Luxshare raises $3.1 billion in Hong Kong IPO, then slips 5% on debut
What's new: The Apple supplier priced at HK$63.28 a share, with proceeds earmarked for auto electronics, AI factory upgrades and deals.
Bloomberg, The Business Times (Singapore) +1
Luxshare prices $3.09 billion Hong Kong listing at top end
What's next: Trading is due to start July 9 after Temasek, GIC and Hillhouse joined as cornerstone investors.
Bloomberg, The Business Times (Singapore)
Carro explores US IPO that could raise up to $500 million
What's new: The SoftBank-backed startup is also weighing a Singapore listing through the exchange's new Global Listing Board.
Bloomberg, The Business Times (Singapore)