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  • September 15, 2014
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Results 1 - 10 of 23 for state-owned enterprise

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  1. Business - Economy - ANALYSIS

    Speedy reforms key for China's economy

    Posted Jul 17th 2014, 01:22am by Victoria Ruan

    ... have persistently exceeded those of state-owned enterprises for more than a decade, with the gap widening since the 2008 global financial crisis, when easy credit fuelled massive investment in state-run projects that lowered efficiency. In a sign that SOE reform was pushing ahead, the State-owned Assets Supervision and Administration Commission announced on Tuesday that six firms had been ...

  2. Business - China Business - ANALYSIS

    Chipmaker SMIC to benefit most from China's new semiconductor policy

    Posted Jul 04th 2014, 01:41am by BIEN PEREZ

    ... beneficiary," he said. SMIC in February named Gao Yonggang, a veteran of big state-owned enterprises, as its new chief financial officer. He replaced Gareth Kung, who now serves as executive ...

  3. News - China - ANALYSIS

    Probe of Chalco executive signals more reckoning for China's SOEs

    Posted Nov 26th 2013, 10:02am by Victoria Ruan

    ... State firms face further reckoning A series of investigations involving executives of major state-owned enterprises underscores Beijing's seriousness in cracking down on corruption and tackling vested interests. The Aluminum Corporation of China (Chalco) became the latest state-owned giant to see a senior executive face the graft-fighters, following investigations into officials ...

  4. Business - China Business - ANALYSIS

    Cofco's Noble deal underscores role

    Posted Apr 04th 2014, 01:14am by Denise Tsang

    ... acquisition in the food sector by a state-owned enterprise and the second deal Cofco has cut in recent weeks, having bought a majority stake in Dutch grain trader Nidera in February. Cofco's ... Denise Tsang denise.tsang@scmp.com Takeover of agricultural trader to help mainland maintain stable food supply and improve safety Cofco's Noble deal underscores role State-owned ...

  5. Business - China Business - ANALYSIS

    Citic deal sets scene for mainland reform of state firms

    Posted Mar 28th 2014, 01:40am by Eric Ng

    ... as it involves state-owned assets," the report said. If such permission is granted, it could potentially open the listing door to many other state-owned firms. This is especially so for banks, which ... marking a breakthrough for Beijing's deeper reform for state enterprises, but a lack of details on pricing and regulatory issues presents risks for investors. Some analysts are concerned ...

  6. Business - Companies - ANALYSIS

    Citic's mega takeover deal comes as win-win for Beijing and Hong Kong

    Posted Mar 28th 2014, 01:40am by George Chen

    ... paramount leader, Deng Xiaoping, about 35 years ago as the first new type of state-owned enterprises to help the mainland attract foreign capital and expand investments abroad- any big decision ... steel-to-property conglomerate, is more than just a mega-sized acquisition; it means the beginning of a new round of government-led reforms on its major state-owned enterprises through completely new ...

  7. Business - China Business - ANALYSIS

    Monopoly factor a key driver of mainland China internet stocks' surge

    Posted May 12th 2014, 02:58am by Cathy Holcombe

    ... these are not state-owned companies, the central government's strict control on digital communications has been a boon for profits in the sector. Foreign players are largely either directly or effectively ... years there has been a noticeable outperformance of Chinese private sector stocks, and this was seen as a sign of economic maturity, as creaky old state-run enterprises gave way to the vibrancy ...

  8. News - China - ANALYSIS

    'Tough road' ahead for reform effort

    Posted Mar 04th 2014, 05:02am by Cary Huang

    ... spending and reduce the power of massive state-owned enterprises. Li is young, ambitious and entrepreneurial. He has taken advantage of economic reforms overseen by Premier Li Keqiang that allowed ... premier Zhu Rongji's in 1998," said Brahm, referring to efforts that reduced the workforce at bloated state enterprises by more than 50 million. "These are the big challenges ...

  9. Business - Companies - ANALYSIS

    Apple softens blow of security threat allegations with consumer advocacy

    Posted Jul 16th 2014, 01:15am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Analysts say location tracking data highlighted as risk by CCTV is ubiquitous in smartphones Apple deflects security charge with advocacy Security risk allegations against Apple that were reported last week by the mainland's state-owned broadcaster may have helped, rather than harmed, the technology giant's reputation in the world's ...

  10. Business - Companies - ANALYSIS

    Amid domestic challenges, dairy firm Yili Industrial cracks global top 10

    Posted Jul 14th 2014, 03:09am by BIEN PEREZ

    ... enterprise in the annual study. The company, based in the Inner Mongolian capital of Hohhot, posted revenue of US$7.6 billion last year to jump from 12th place in the previous ranking. Domestic rival ...




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