Tuesday, January 26, 2021
Tags Central SOE

Tag: Central SOE

Central State-owned Enterprises Undertake More Than 3100 Belt and Road Projects

China's central state-owned enterprises have risen to the fore when it comes to Belt and Road construction projects. The State-owned Assets Supervisory and Administrative Commission...

SASAC Hopes to List 70% of Central State-owned Enterprise Assets by 2020

China's State-owned Assets Supervision and Administration Commission (SASAC) plans to list at least 70% of central state-owned enterprise (SOE) assets by the end of...

Central State-owned Enterprise Debt Under Control at 36.1tn Yuan: SASAC

The head of the State-owned Assets Supervision and Administration Commission (SASAC) says that the debt levels of China's central state-owned enterprises are "under control...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...