Singapore's Temasek plans its first direct investment in the South Korean stock market, targeting Samsung Electronics and SK Hynix, with both companies' share prices surging over 8% during intraday trading.
According to South Korea's Asia Business Daily, Singaporean sovereign wealth fund Temasek recently contacted the South Korean government regarding investments in Samsung Electronics and SK Hynix, and is currently evaluating the timing for entry. Temasek views these two global memory chip giants as significantly undervalued assets within the AI value chain, believing the memory semiconductor sector has the lowest valuations and characterizing it as a long-term growth area driving industrial structural change. This market entry will be conducted through direct internal investment rather than entrusting external asset management companies. Temasek aims to significantly increase the proportion of AI-related investments in its overall portfolio from the current 6% to a maximum of 15% within the next five years. The fund currently holds shares in NVIDIA, TSMC, and ASML, and is one of the major institutional investors in OpenAI and Anthropic.
Source:华尔街见闻 · Source Link
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