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  • October 25, 2014
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  1. Business - Comment - MONEY MATTERS SHIRLEY YAM

    There is little comfort from the line-up of main investors

    Posted Nov 24th 2012, 12:00am by Shirley Yam

    ... signed a co-operation accord with PICC as early as 2003. The third group includes state-owned enterprises State Grid, China National Machinery Industry and China Aerospace Science and Technology. ...

  2. Business - Money - TAXATION

    Beijing drafts dividend tax to boost market

    Posted Oct 30th 2012, 12:00am by Ray Chan

    ... by the policy, saying mainland-listed firms were seriously lacking in terms of proper payout and dividend policies for investors. In addition, some executives of state-owned enterprises (SOEs) often ...

  3. Business - Economy

    China economy and share markets at crossroads

    Posted Oct 09th 2012, 12:00am by Bloomberg

    ... the fundamental issues, including reforming state-owned enterprises and the tax system. "I don't think stimulus or loosening is the path to investors' heart," he said. ...

  4. Sasac campaign sees 4 state firms merged

    Posted Apr 04th 2009, 12:00am by Martin Zhou

    ... Martin Zhou in Shanghai Beijing ramped up its campaign to consolidate super-sized state-owned enterprises, whose profitability has been depressed by the global economic crisis, as it cut the number of centrally controlled SOEs to 138 from 141 through mergers yesterday. The State-owned Assets Supervision and Administration Commission (Sasac), the country's top state assets ...

  5. Holding firm for SOEs on the way

    Posted Jun 30th 2009, 12:00am by Martin Zhou

    ... Martin Zhou in Beijing The mainland would soon introduce a Temasek Holdings-style state assets management firm to improve efficiency in the country's biggest state-owned enterprises (SOEs), Li Rongrong said yesterday. Mr Li (right), who heads the State Assets Supervision and Administration Commission (Sasac), also promised to continue to reduce the number of SOEs controlled ...

  6. SOEs told to quit property market

    Posted Mar 19th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Scores of state-owned enterprises have been ordered to get out of the property market and concentrate on their core businesses. The order, from the State-owned Assets ... Sasac said the 16 state-owned companies whose primary business is property will be allowed to continue property development. The approved state-owned developers include China Poly Group, China ...

  7. Business - Money - REFORM

    After Citic, who’s next among Chinese state firms to take their mega deals to Hong Kong?

    Posted Apr 02nd 2014, 03:34pm by George Chen, Sandy Li

    ... on lookout for next S.O.E. deal Investors are keenly watching for the next state-owned enterprise to follow in the wake of Citic’s ground-breaking restructuring, in which Citic Pacific will mount ... be inclined to march to their own tune. Two sources cited the case of Hong Kong-listed Jin Jiang Hotels- a subsidiary of Shanghai's Jin Jiang International, a major state-owned tourism operator- ...

  8. Business - Banking & Finance - CHINA

    Lending adds increasingly less to Chinese GDP, pressuring Premier Li

    Posted May 31st 2013, 12:00am by BLOOM

    ... at the US Treasury Department. "To boost growth, China needs to channel more financing to its private enterprises, which are both more profitable and less leveraged than their state-owned ... in the debt market by the biggest Chinese companies is more than five times a measure of their operating earnings, twice the leverage ratio in 2007. State-owned enterprises in energy and power ...

  9. News - China - AGRICULTURE

    China turning state-owned farms into agricorporations to take on world players

    Posted Aug 14th 2014, 03:04am by MANDY ZUO

    ... Mandy Zuo mandy.zuo@scmp.com Central government earmarks the cream of its vast network of state-owned farms for mergers to rival world's agribusiness giants China fields big plans for state agriculture Beijing is amalgamating a number of state-owned farms and companies into specialised agricultural corporations to rival international food giants. The Agricultural Cultivation ...

  10. News - China

    New graduates still prefer to work for state-owned firms

    Posted Jul 28th 2014, 05:40pm

    ... Anne Yi anne.yi@scmp.com A survey of 48,000 showed more favour such employment with a large increase in the number who want to start their own business The state-owned firms are still ... to the higher salary demands, they said. Although the state-owned firms still have the advantage in the job stability and benefits they offer to new graduates, their attraction starts to drop off ...




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