Ho Ching

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Ho Ching (Chinese: 何晶; pinyin: Hé Jīng) is the CEO of Temasek Holdings (over US$50 billion in assets and owned by Singapore's Ministry of Finance) and the wife of the Prime Minister and Finance Minister of Singapore, Lee Hsien Loong (son of former Prime Minister Lee Kuan Yew). Temasek Holdings purchased Shin Corporation in 2006 from Thai Prime Minister Thaksin Shinawatra who was ousted by coup soon after on allegations of corruption.

She is the eldest child of four children of retired businessman Ho Eng Hong and Chan Chiew Ping. In 1985, she married Lee Hsien Loong, who later became Singapore's third Prime Minister in August 2004.

In 2005 Fortune magazine ranked her 11th in the list of most powerful women in business (outside the United States). ^[1] Her previous ranking was 5th in 2004, 10th in 2003. In 2006, the same magazine remarked that Ho Ching made "a spectacular misjudgment" in the purchase of Shin Corp shares. Since then, "Shin shares have fallen 43% since the deal was signed, and Temasek will now endure a potentially embarrassing probe by the new regime into Thaksin's finances that threatens asset seizures, deal cancellation, and large fines."^[2]