Caixin
Jul 21, 2023 09:51 AM
CX DAILY

CX Daily: Why Temasek Is Steering Clear of China’s Generative AI Stock Frenzy for Now

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Wu Yibing, China president of Temasek International.
Wu Yibing, China president of Temasek International.

Temasek /

Why Temasek is steering clear of China’s generative AI stock frenzy for now

Investment firm Temasek International Pte. Ltd. will keep a close eye on the long-term prospects of generative artificial intelligence (AI) in China, but will hold off on investing in mainland-listed stocks in the industry given their lack of fundamentals, the company’s China president said.

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