Singapore's Keppel cuts China property focus in strategic refresh

Singapore's Keppel cuts China property focus in strategic refresh

FILE PHOTO: A Keppel signage is pictured in Singapore July 6, 2023. REUTERS/Edgar Su/File photo

Singaporean asset manager Keppel is pushing ahead with a “refreshed China strategy” that will increase its focus on sustainable projects while cutting its reliance on the mainland’s troubled property sector.