(1.6 Trillion USD) Norwegian Wealth Fund Transitions Asia Hub to Singapore, Closes Shanghai Office

Below excerpt article reported by Hubbis. (2023, September 11). Norwegian Wealth Fund Transitions Asia Hub to Singapore, Closes Shanghai Office. Hubbits

“Over time, the Singapore office has progressively emerged as the central hub overseeing the entire Asian region, equipped to manage all operational functions, inclusive of those for China.”

“As of the conclusion of 2022, the fund had stakes in roughly 850 Chinese enterprises, amounting to an investment value of about $42 billion.”

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