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Temasek slashes stakes in Alibaba and Didi, exits Baidu amid crackdown by Beijing
It cut 16 per cent of its stake in e-commerce giant Alibaba and 11 per cent of its shares in ride-hailing service Didi, according to a 13F filing for the 3 months ended Sep 30. It also exited Baidu, TAL Education Group, New Oriental Education & Technology Group and jobs service provider Kanzhun.
