The Singapore government isn’t letting Donald Trump’s anti-trade policy put it off investing in a Chinese-owned container terminal operator.
State-backed investment fund Temasek Holdings has increased its stake in Hutchison Port Holdings Trust (HPH Trust) to 11%, according to latest regulatory filings.
It recently acquired 400,000 shares in the Li Ka Shing-backed company at a price of SGD 0.41(29 US cents) per share lifting its holding to 958.6m
