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  • August 30, 2014
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  1. Business - China Business - State-Owned Enterprises

    Beijing selects six state-owned enterprises for reform trials

    Posted Jul 15th 2014, 07:54pm by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com The mainland authorities have selected six central government-controlled groups for reform trials aimed at introducing more competition ... enter into a trial for transformation into state capital investment companies, Peng said. This trial would involve shifting Sasac’s function to mainly supervising how efficiently capital ...

    http://www.scmp.com/business/china-business/article/1554897/beijing-selects-six-state-owned-enterprises-reform-trials
  2. Business - China Business - TECHNOLOGY

    China 4G market to heat up as new network trials start

    Posted Jul 01st 2014, 04:05am by Bien Perez and Sophie Yu

    ... Bien Perez and Sophie Yu With operators given clearance to start network trials, 4G mobile market competition to intensify 4G market to heat up with trials in 16 cities Competition in the mainland's nascent 4G mobile services market is expected to intensify this quarter after China Unicom and China Telecom start their so-called hybrid network trials in 16 cities. The regulator, ...

    http://www.scmp.com/business/china-business/article/1543910/china-4g-market-heat-new-network-trials-start
  3. Business - China Business - FINANCING

    Beijing to issue 10.5b yuan in municipal government debt

    Posted Aug 15th 2014, 12:14pm by Victoria Ruan

    ... infrastructure works. The move is part of a trial launched by the Ministry of Finance to allow 10 local governments, including Beijing, Shanghai and Shandong province, to issue and repay bonds ... money through their financing arms. This trend has created financial risks. The trial is aimed at making local governments more accountable for their debt to improve transparency. According ...

    http://www.scmp.com/business/china-business/article/1574158/beijing-issue-105b-yuan-municipal-government-debt
  4. Business - Economy - DEBT

    China will let local governments repay bonds as financing trial expands

    Posted May 22nd 2014, 01:19am by BLOOM

    ... Bloomberg in Shanghai Trial shift allows local governments to repay bonds China will let some local governments repay their bonds themselves this year in an expansion of a municipal debt trial, as it moves towards a more transparent financing system for cities. Provincial and municipal authorities would pay interest and repay the principal on the notes, the Ministry of Finance ...

    http://www.scmp.com/business/economy/article/1517402/china-will-let-local-governments-repay-bonds-financing-trial
  5. Business - Companies - EARNINGS

    Citic’s interim core profit flat, supported by earnings from property development

    Posted Aug 29th 2014, 02:14pm by Eric Ng

    ... Chang said in the filing. Line 2 is in trial production and work on the remaining four is underway. Citic’s special steel division posted a 20 per cent fall in net profit to HK$773 million, ...

    http://www.scmp.com/business/companies/article/1581677/citics-interim-core-profit-flat-supported-earnings-property
  6. Business - China Business - TECHNOLOGY

    Tencent enables users to pay utility bills through WeChat

    Posted Aug 22nd 2014, 12:24pm by James Griffiths

    ... of WeChat, known as Weixin on the mainland, who followed Fufeitong’s official account could check and pay their utility bills without leaving the app. Fufeitong said a trial version launched earlier ...

    http://www.scmp.com/business/china-business/article/1579060/tencent-enables-users-pay-utility-bills-through-wechat
  7. Business - Banking & Finance - REFORM

    Bocom mulls stock incentives for executives

    Posted Aug 23rd 2014, 01:06am by BLOOM

    ... the other banks will definitely follow." In 2006, the Ministry of Finance and the State-owned Assets Supervision and Administration Commission released a trial plan to allow listed state-owned ...

    http://www.scmp.com/business/banking-finance/article/1579515/bocom-mulls-stock-incentives-executives
  8. Business - Commodities

    Mainland coal port to see surging imports as urbanisation accelerates

    Posted Aug 21st 2014, 01:28am by BLOOM

    ... in 2013. Its new terminal in Caofeidian, with an annual capacity of 50 million tonnes, may begin trial operations  this year, Xing said. The company  offers integrated services in container cargo, ...

    http://www.scmp.com/business/commodities/article/1578068/mainland-coal-port-see-surging-imports-urbanisation-accelerates
  9. Business - Commodities - Gas

    PetroChina shuts two liquefaction plants as it reviews LNG push

    Posted Aug 19th 2014, 11:29am by Reuters

    ... utilisation rates at some plants had fallen below 50 per cent. In July, barely a month after the start of trial production, Kunlun shut a 1.2 million tonne per year liquefaction plant in Huanggang, ...

    http://www.scmp.com/business/commodities/article/1576680/petrochina-shuts-two-liquefaction-plants-it-reviews-lng-push
  10. Comment - Insight & Opinion - WHITE COLLAR

    Pre-check rule could see fewer investors ride through train

    Posted Aug 18th 2014, 09:45am by Enoch Yiu

    ... Exchanges and Clearing will begin trials with more than 110 brokers from next Monday. The scheme will connect the stock market trading systems of Hong Kong and Shanghai and, for the first time, ...

    http://www.scmp.com/comment/insight-opinion/article/1575898/pre-check-rule-could-see-fewer-investors-ride-through-train

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