One of the world's top 10 investors, Singapore's sovereign wealth fund GIC, is optimistic about China's technology sector despite sweeping regulatory actions in China that have hit shares of local tech giants, including those listed in the United States.

Lim Chow Kiat, chief executive officer of Singapore's sovereign wealth fund, the Government of Singapore Investment Corporation (GIC), said GIC maintains a positive view of its China investments.

GIC's China portfolio reportedly includes Alibaba and its fintech affiliate Ant Group, food delivery company Meituan, as well as real estate company Vanke, and online healthcare platform JD Health.