SOE Spin-offs To Continue - Securities Daily

Experts expect more state-owned enterprise spin-offs and split-listings this year to release value, according to the Securities Daily. The experts said spin-offs are a good way to highlight the value of each business unit and strengthen financing channels as they are relatively diversified. Spin-offs from SOEs involved with semiconductor manufacturing, new energy and new materials, intelligent manufacturing, electrical equipment, and other emerging technologies are likely. Spin-offs will positively reshape the valuation of SOEs, strengthen state-owned capital, and preserve value of state-owned assets, the Securities Daily said.