Sunday, January 24, 2021
Tags State owned enterprise

Tag: State owned enterprise

State-owned Enterprise Profitability Sees Sharp YoY Rise for January-April

The latest data from the Ministry of Commerce points to a sharp rise in the profitability and repayment capability of China's state-owned enterprises (SOE's)...

State-owned Enterprises Banned From Financing Chinese Local Government

China's Ministry of Finance has put the kibosh on state-owned finance enterprises providing financing to local governments outside of bond purchases, as part of...

SOE Mixed Ownership Reforms Accelerate, Employee Shareholding on the Agenda

China's mixed-ownership reforms of state-owned enterprises are on track to further expand at the group level, as well as conduct further trials of employee...

SOE Mixed-ownership Trials Will Press Ahead in 2018: SASAC

The head of China's State-owned Assets Supervision and Administration Commission says that mixed-ownership trials of state-owned enterprises in key areas will forge ahead in...

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...

Third Round of SOE Mixed-ownership Reforms Target Monopoly and Excess Capacity Industries

Several of the 31 state-owned enterprises slated for inclusion in the third around of mixed-ownership reforms have been revealed by domestic press reports, as...

10% of State-owned Enterprise Equity Will Be Used to Plug Pension Fund Gaps

China's State Council has announced that it will use a chunk of state-owned enterprise (SOE) equity to fill in the sizeable gaps in the...

Mixed-ownership Reform of Local State-owned Enterprises Set to Accelerate in 2018

A total of 32 regional listed state-owned enterprises have been suspended from trading as the China makes preparations for accelerated mixed-ownership reforms of government...

Debt-Equity Swap Agreements Exceed 1.3 Trillion Yuan a Year After Deleveraging Launch

A year following the launch of debt-equity swaps by the central government as a key vehicle for deleveraging of China's state-owned enterprises, the total...

Will Debt-for-Equity Swaps Fail to Achieve Deleveraging?

The use of debt-to-equity swaps to deleverage China's immense state-owned-enterprise sector may be doing little more than shifting the debt load to other parts...

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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.