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  1. State-owned firms to face closer scrutiny

    Posted Jan 06th 2005, 12:00am by Cary Huang

    ... it is responsible for selling thousands of small- and medium-sized state-owned enterprises (SOEs) and merging and consolidating the remaining 187 into large business groups. But by flexing its muscles, ... to improve monitoring of state-owned companies. Questions were raised about corporate governance and risk management at these companies after the China Aviation Oil (CAO) debacle last year. ...

    http://www.scmp.com/article/484389/state-owned-firms-face-closer-scrutiny
  2. State-owned investment firm eyes HK listing

    Posted Jun 04th 2004, 12:00am by Eric Ng

    ... a Hong Kong main-board listing, the first sought by a mainland government body set up to finance reforms of state-owned enterprises. Shanghai Commercial Investment was formed and registered ... and acquisitions, as well as financial and investment advisory services. SCIG chairman Chen Xiaohong said the funds would be invested mainly in state-owned enterprises, in accordance with a 2002 central ...

    http://www.scmp.com/article/458168/state-owned-investment-firm-eyes-hk-listing
  3. LSE woos state-owned mainland companies

    Posted Feb 01st 2005, 12:00am by Enoch Yiu

    ... 'I would like to see all the mainland large state-owned enterprises, including the Big Four state-owned banks, consider listing their shares in London,' said Jane Zhu, the head ... of financial statements- a move that threatens management with litigation or a three-year jail term for false statements. 'Many of the state-owned enterprises heads are current or former ...

    http://www.scmp.com/article/487751/lse-woos-state-owned-mainland-companies
  4. State-owned firms told to shun overseas derivatives

    Posted Jul 02nd 2011, 12:00am

    ... Sophie Yu sophie.yu@scmp.com China's state-owned companies have been banned from speculating in overseas financial derivatives because of fears about the losses they could incur. New ... financial irregularities and corporate governance problems at 17 major state-owned companies, underscoring a lack of market oversight and discipline at home and abroad. Overseas investments ...

    http://www.scmp.com/article/972317/state-owned-firms-told-shun-overseas-derivatives
  5. State-owned firms record slower growth

    Posted Nov 20th 2010, 12:00am by Staff Reporter

    ... as cooling measures began to show. The state-owned enterprises (SOEs), excluding financial institutions, posted a combined 1.63 trillion yuan (HK$1.9 trillion) in net income in the 10 months ... financial crisis.' Cool it Beijing's measures are starting to take effect on state-owned enterprises The 44.8 per cent year-on-year profit growth in the first 10 months is slower than ...

    http://www.scmp.com/article/730984/state-owned-firms-record-slower-growth
  6. The real worth of state-owned assets

    Posted Sep 15th 2003, 12:00am by Staff Reporter

    ... encompassing things like schools, hospitals and housing that state-owned enterprises (SOEs) traditionally provided to their employees. Supposedly, SOEs have been jettisoning these assets - by selling ... How much are the Chinese government's state-owned assets worth? Quite a lot, if you believe the official numbers. But poke deeply into those numbers and, as usual ...

    http://www.scmp.com/article/427892/real-worth-state-owned-assets
  7. Graft worsens at state-owned firms

    Posted Dec 22nd 2004, 12:00am by Shi Jiangtao

    ... officials from state-owned enterprises (SOEs), the Supreme People's Procuratorate says. And the number of such crimes has risen in recent years, as SOE bosses took advantage of ambiguous ... against corruption in state firms highlighted the importance of setting up a transparent monitoring mechanism in the transformation of state-owned enterprises into stock companies. Current laws ...

    http://www.scmp.com/article/482982/graft-worsens-state-owned-firms
  8. Profit slide eases to 26pc at largest state-owned firms

    Posted Jul 22nd 2009, 12:00am by Carol Chan

    ... Carol Chan Profits at the mainland's biggest state-owned enterprises slumped more than 26 per cent in the first half of the year, but the decline is easing amid massive government stimulus spending and record lending. The 136 top companies under the control of the State-owned Assets Supervision and Administration Commission (Sasac) posted a combined profit of 316.03 billion ...

    http://www.scmp.com/article/687577/profit-slide-eases-26pc-largest-state-owned-firms
  9. For state-owned firms, it's hear no evil, see no evil, admit no evil

    Posted Jul 10th 2011, 12:00am

    ... of the public's right to know and supervision of state-owned enterprises. More mysteries are still to be exposed, the commentary said, such as who played the main role in the two companies' nearly one-month delay in reporting the spills, and whether CNOOC, as the state-owned offshore oil monopoly, would shoulder the main responsibility. Media critics wanted CNOOC to share the responsibility ...

    http://www.scmp.com/article/973133/state-owned-firms-its-hear-no-evil-see-no-evil-admit-no-evil
  10. Cost to largest state-owned firms estimated at HK$33 billion

    Posted May 22nd 2008, 12:00am by Cary Huang

    ... Cary Huang Economic losses from the quake at the largest state-owned enterprises directly under the central government are estimated at more than 30 billion yuan (HK$33.60 billion), the minister in charge of state industry says. Li Rongrong, chairman of the State-owned Assets Supervision and Administration Commission, said such losses would not lead to any significant change ...

    http://www.scmp.com/article/638549/cost-largest-state-owned-firms-estimated-hk33-billion

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