Saturday, January 23, 2021
Tags Chinese SOE's

Tag: Chinese SOE's

Beijing Set to Unveil New Mixed-ownership Reforms of China’s State-owned Enterprises Before November

The Chinese central government is on track to launch a raft of new policies to accelerate reforms for the mixed-ownership of state-owned...

Mixed Ownership Reforms Bring Social Capital to Two Thirds of Central State-owned Enterprises

The State-owned Assets Supervision and Administration Commission (SASAC) has touted the progress of China's mixed-ownership reforms of its state-owned enterprise (SOE) sector....

Fourth Round of SOE Mixed-ownership Reforms to Encompass over 100 Companies

The next round of trial mixed-ownership reforms of Chinese state-owned enterprises (SOE) is expected to involve at least 100 companies according to...

Central State-owned Enterprises Owed 111.6B Yuan in Late Payments to Private Businesses

The State-owned Assets Supervision and Administration Commission (SASAC) has announced the settlement of a sizeable share of payments owed in arrears by...

Central SOE’s See Record High Profits of 1.7T Yuan in 2018

China's central state-owned enterprises (SOE's) posted record profit levels in 2018 despite easing economic growth, as Beijing continues to drive mixed-ownership reforms....

11 Central State-owned Enterprises Select for Reform of State-owned Asset Investment Companies

Beijing has selected 11 central state-owned enterprises (SOE's) to implement "upgrade" reforms of state-owned asset investment companies. According to a report from Economic Information Daily trials...

State-owned Assets Regulator Signals Fourth Round of Mixed-ownership Reforms

Recent actions on the part of the state-owned assets regulator have been interpreted by China's official media as signalling the launch of a fourth...

State-owned Enterprises See over 20% Profit Growth for January-August, Leverage Edges Lower

China's state-owned enterprises (SOE's) have seen roaring profit growth since the start of 2018 on the back of capacity reductions and other supply-side reforms,...

Beijing Wants Debt-Asset Ratios of SOE’s to Drop 2 Percentage Points by 2020

The Chinese central government has issued a new directive calling for a marked reduction in the debt-asset ratios of China's state-owned enterprises (SOE's) by...

Over Two Thirds of Central State-owned Enterprises under Mixed Ownership

Beijing is accelerating its mixed-ownership reforms of central state-owned enterprises with a third batch of trial companies currently awaiting approval. Over two-thirds of China's 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.