Bloomberg: U.S. Dot-Com Bubble Was Nothing Compared to Today’s China Prices

[greengiraffe]

Singapore GIC is picking up bargains, amid the turmoil. Retail investors are influenced more by greed and fear, thus the swing is larger. Volatility usually means opportunities to value investors...

Singapore's GIC sees opportunities in China market turmoil

SINGAPORE (July 30): Singapore sovereign wealth fund GIC is finding fresh opportunities to invest in the volatile China market amid restrictions imposed by the regulator on investors who own large stakes in Chinese companies.

“It did open up some opportunities for people like us which take a longer-term view and we don't have such kinds of liquidity constraints. That is a clear positive," Lim Chow Kiat, group chief investment officer, told Reuters as the fund unveiled its annual report.
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http://www.theedgemarkets.com/sg/article...et-turmoil

unless they have some sort of clear insider picture in those china companies, it could turn out to be a bad bet like standard chartered. IIRC since 2009 GFC GIC has already bought big chunks of 3 of the 4 top china banks, so they may be trying to add to their positions.

but at least wont end up negative balance like malaysia's 1MDB...

salah liao its Temasek... GICS yet to publicly comment on its strategy on China...