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Capital Markets Can Enhance SOEs - Commission

CHINA PRESS

The Government will encourage state-owned enterprises to use capital markets to improve competitiveness, enhance allocation of resources and achieve high-quality development, according to a notice from the State-owned Assets Supervision and Administration Commission. The notice said SOEs should use mergers and acquisitions to enhance business models and asset value. Investors are expecting SOEs to focus M&A activity on industrial integration of strategic emerging industries, according to one analyst. (Source: Securities Daily)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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