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Results 1 - 10 of 48 for state-owned enterprises

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  1. Business - China Business - MONEY MATTERS

    Are state-owned companies now too big to touch?

    Posted Jul 20th 2013, 12:00am by Shirley Yam

    ... Shirley Yam Are state-owned companies now too big to touch? There couldn't be a better tombstone to mark the 20th anniversary of the listing of mainland state-owned enterprises (SOEs) ... When it's more than 50 per cent, why bother? After all, transparency, accountability and good governance have always been alien to China's top state enterprises. Fund managers may ...

    http://www.scmp.com/business/china-business/article/1286577/are-state-owned-companies-now-too-big-touch
  2. Business - Comment - MONEY MATTERS

    Shipping chief locks eyes on the top- not on bottom line

    Posted Apr 13th 2013, 12:00am by Shirley Yam

    ... with all the BRICS leaders. No wonder Wei can be arrogant. No state-owned enterprise (SOE) chairman gets the job simply on business performance. What counts are political performance and friends at the top. Let's not forget these chairmen are very often party heads of the company. The State-owned Assets Supervision and Administration Commission (Sasac) makes the recommendation, ...

    http://www.scmp.com/business/article/1213426/shipping-chief-locks-eyes-top-not-bottom-line
  3. Business - Comment - MONEY MATTERS

    It is hard to give up all the joy that a monopoly brings

    Posted Nov 10th 2012, 12:00am by Shirley Yam

    ... are talking about here is based on monopolistic status; political plus economic dominance and the mammoth wealth enjoyed by the state-owned enterprises. The difference between the rival camps ... a 37.9 per cent profit growth. Yet, behind every major state-owned enterprise is a politburo standing committee member. After all, these enterprises are controlling mammoth amounts of cash ...

    http://www.scmp.com/business/article/1078988/it-hard-give-all-joy-monopoly-brings
  4. Business - Comment - MONEY MATTERS

    Reform move for state enterprises runs up against old obstacles

    Posted Jul 19th 2014, 01:55am by Shirley Yam

    ... against old obstacles Beijing has finally unveiled a pilot programme to reform state-owned enterprises. The general buzz over the initiative notwithstanding, the only point of interest for veterans at state firms seems to be the lure of new openings at the top. An old tale will explain why. It was 1996. Pan Ning was at the pinnacle of his career as chairman of state-owned Guangdong ...

    http://www.scmp.com/business/article/1556564/reform-move-state-enterprises-runs-against-old-obstacles
  5. Business - China Business - MONEY MATTERS

    Old habits die hard for Chinese phoenix Guangdong Enterprises

    Posted Aug 08th 2014, 09:56pm by Shirley Yam

    ... the horrors of financial risk. Its managers should remember the days in the 1990s when foreign bankers blindly offered cheap loans to the company and other state-owned enterprises, assuming a Beijing ... Shirley Yam shirley.yam@scmp.com The fall of Guangdong Enterprises Group in 1998 speaks much about today’s efforts to engineer reform at state enterprises The phoenix has risen ...

    http://www.scmp.com/business/china-business/article/1569394/old-habits-die-hard-chinese-phoenix-guangdong-enterprises
  6. Business - China Business - MONEY MATTERS

    Sinopec offers master class in SOE mixed ownership reform

    Posted Sep 20th 2014, 05:10am by Shirley Yam

    ... Like it or not, he has defined the meaning of the “mixed-ownership” reform much publicised by the new leadership. Don’t be surprised to see the model followed in other state-owned enterprise ... 70.01 per cent. Among the loyalists are six state-owned enterprises, including China Life Insurance and China Tobacco, and 11 state-controlled asset management companies or private equity ...

    http://www.scmp.com/business/china-business/article/1596467/sinopec-offers-master-class-soe-mixed-ownership-reform
  7. Business - Comment - MONEY MATTERS

    BAIC's showpiece IPO reveals much about the true state of SOE reform

    Posted Jul 12th 2014, 12:32am by Shirley Yam

    ... administrations, in particular Beijing and Shanghai, eager to show they were the most faithful supporter of President Xi Jinping's state-owned enterprise reform. When reform itself has little ... from that of state-owned firms. No wonder the chairman of privately owned Fuyao Glass said he would not put in a teaspoon of salt when the state had a whale in the pot. Why put your money ...

    http://www.scmp.com/business/article/1552373/baics-showpiece-ipo-reveals-much-about-true-state-soe-reform
  8. Business - Comment - MONEY MATTERS

    Cutting salaries of SOEs' big bosses a mere populist move

    Posted Aug 23rd 2014, 01:03am by Shirley Yam

    ... Shirley Yam Cutting salaries of SOEs' big bosses merely a populist move It's hard not to get the impression that Beijing is seriously taking on state-owned enterprises ... and the Party approve the pay of every chairman, president, executive director, vice-president and supervisor at state-owned banks. Every year, the board states a ballpark figure- which, unsurprisingly, ...

    http://www.scmp.com/business/article/1579555/cutting-salaries-soes-big-bosses-mere-populist-move
  9. Business - Comment - MONEY MATTERS

    HKTV probe throws spotlight on head of China Mobile HK

    Posted Jan 11th 2014, 01:16am by Shirley Yam

    ... state-owned enterprise in Hong Kong checks with the central government's liaison office or the Hong Kong and Macau Affairs Office on the dos and don'ts- making sure every transaction is in line with state policy. In fact, the two offices have little control over the business of state-owned enterprises here. CMHK, whose parent is higher up the mainland hierarchy, was not obliged ...

    http://www.scmp.com/business/article/1402701/hktv-probe-throws-spotlight-head-china-mobile-hk
  10. Business - Comment - MONEY MATTERS

    Citic Pacific's acquisition of Citic Group is merely state sleight of hand

    Posted May 17th 2014, 01:56am by Shirley Yam

    ... is merely state sleight of hand The mainland's new round of state-owned enterprise reform has brought much excitement. Yet, if Citic Pacific's acquisition of its parent Citic Group ... Exchange and four top state-owned banks. The second is those who are ready to suffer a short-term loss for a long-term return. To Citic Group, which has a place in almost every sector ...

    http://www.scmp.com/business/article/1513865/citic-pacifics-acquisition-citic-group-merely-state-sleight-hand

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