Singapore's Keppel cuts China property focus in strategic refresh

TOKYO -- 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.

Loh Chin Hua, CEO of the company, in which Singapore state investor Temasek holds a stake, explained the shift on Tuesday on the sidelines of Nikkei's two-day Global Management Dialogue.