新加坡主权财富投资公司 GIC 和淡马锡在 10 月 21 日（星期三）否认了指控，称他们试图施压全球指数提供商 MSCI 降级印尼市场的说法。
Singapore state investors GIC and Temasek on Wednesday (Oct 21) rejected allegations that they pressured global index provider MSCI to downgrade Indonesia's market status.
两家公司均在回应关于印尼前贸易部长穆罕默德·卢蒂（Muhammad Lutfi）在 Instagram 上发文称新加坡主权投资机构策划压低印尼股价的言论时作出回应。
Both firms were responding to media queries regarding an Instagram post by Indonesia's former trade minister Muhammad Lutfi, who claimed Singapore state investors orchestrated a scheme to suppress stock prices in Indonesia.
GIC 发言人在声明中表示：“关于 GIC 及我们工作人员的指控是不实的。”
"The allegations about GIC and our staff are untrue," a GIC spokesperson said in a statement.
GIC 表示，其投资决策并非由指数分类或对市场的宏观观点决定，而是以公司层面或资产层面的基本面为依据。
GIC said its investment decisions are not driven by index classifications or top-down views of a market. Instead, it looks at the fundamentals at a company level or asset level.
GIC 表示，其已在印尼投资超过 30 年，涵盖多类资产，并将继续在发现具有良好、自下而上、风险调整后回报的机会时继续投资。
"We have been invested in Indonesia for over 30 years across asset classes and will continue to invest where we find good, bottom-up, risk-adjusted opportunities," said GIC.
另据悉，Temasek 全球投资亚太区（不含中国和印度）负责人方伟豪（Fock Wai Hoong）在 10 月 21 日的新闻发布会上表示，前印尼部长的指控毫无根据。
Separately, Mr Fock Wai Hoong, Temasek Global Investments' head of Asia Pacific (excluding China and India), said at a press conference on Wednesday that the allegations by the former Indonesian minister are baseless.
他正在回应关于穆罕默德·卢蒂在 Google、Temasek 和 Bain & Company 联合发布的 2026 年 e-Conomy SEA 报告发布会上的相关言论时的提问。
He was addressing a question about Mr Lutfi's comments at the launch of the 2026 e-Conomy SEA report by Google, Temasek, and Bain and Company.
方伟豪表示：“Temasek 的任何机构成员，也无论是机构内部的个人，都从未联系过 MSCI，以影响其在该地区任何交易所所做的任何决定”，并称该指控“昭然若揭，毫无事实依据”。
"No one from Temasek, neither the institution nor the individuals working for the institution, have ever reached out to MSCI in order to influence any decisions they have ever made around any exchange across the region," he said, describing the claims as "patently untrue".
这些表态紧随本周穆罕默德·卢蒂在 Instagram 上发文称 GIC 和淡马锡试图煽动市场恐慌，导致印尼股票出现大幅抛售，以低价收购股份的说法。
The statements follow claims published by Mr Lutfi in an Instagram post this week that GIC and Temasek sought to incite market panic and trigger a sharp sell-off in Indonesian equities to acquire shares at a discount.
他进一步指控，这两家公司施压 MSCI 以威胁将印尼市场状态降级，以推动股价下跌。
He further alleged that the two firms pressured MSCI to threaten to downgrade Indonesia's market status to drive prices down.
MSCI将股票市场分为四个层级：发达市场、新兴市场、前沿市场和独立市场。根据其网站介绍，该指数编制机构依据经济发展程度、流动性、市场规模和可及性对各经济体进行评估。
MSCI classifies equity markets into four tiers: developed, emerging, frontier, and standalone. The index provider evaluates economies based on economic development, liquidity, market size, and accessibility, according to its website.
上周，MSCI宣布启动咨询，提议将MSCI印尼指数从新兴市场重新分类为独立市场。
Last week, MSCI announced the launch of a consultation on a proposal to reclassify the MSCI Indonesia Indexes from emerging market to standalone market status.
消息公布后，雅加达综合指数一度暴跌16%，随后收窄部分跌幅，报约5300点——较公告发布前水平下跌约9%。
Following the announcement, the Jakarta Composite Index plunged as much as 16 per cent before paring some losses to trade at around 5,300 points – down about 9 per cent from pre-announcement levels.
MSCI在其网站上表示，独立市场大体可分为两类：新符合条件的市场，以及此前被归类为发达、新兴或前沿市场的市场。
On MSCI's website, the index provider said standalone markets are broadly classified into two groups: newly eligible markets and markets previously classified under developed, emerging or frontier markets categories.
网站称：“在市场可及性或规模与流动性严重恶化的情况下，可能会发生重新分类为独立市场的情况。”
A reclassification to a standalone status may occur in the case of severe deterioration in market accessibility or size and liquidity," the website said.
目前，具有独立市场地位的市场包括阿根廷、黎巴嫩、乌克兰和牙买加。
Currently, the markets with standalone status include Argentina, Lebanon, Ukraine and Jamaica.