Sunday, January 24, 2021
Tags Central state-owned enterprises

Tag: Central state-owned enterprises

SASAC Bans Speculation Using Financial Derivatives by Central State-owned Enterprises

China's State-owned Assets Supervision and Administration Commission (SASAC) has issued new rules governing the financial activities of state-owned enterprises (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...

Central State-owned Enterprises Post Declining Debt-Asset Ratio in First Half

China's central state-owned enterprises (SOE's) posted a modest decline in their debt-asset ratios in the first half of 2018 amidst Beijing's ongoing deleveraging campaign. The...

SASAC Will Drive Overseas Expansion of China’s Central State-owned Enterprises

The head of China's State-owned Assets Supervision and Administration Commission (SASAC) says that it will push for further overseas expansion of the country's central...

Boards to Appoint CEO’s of China’s Central State-owned Enterprises

The Chinese government has signalled key changes to the appointment process for the CEO's of the country's central state-owned enterprises. On 22 January the official...

SASAC Flags Bigger Role for Both Party and Boards at Central State-owned Enterprises

Increasing the role of the board of directors sit at the top of the reform agenda for China's central state-owned enterprises in 2018, alongside shoring...

Central State-owned Enterprises Post Double-Digit Earnings, Profit Growth in 2017

The latest official data points to double-digit growth in both earnings and profits for China's central state-owned enterprises in 2017. Figures released at the Central...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.