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SOE Stock Listings Will Speed Up Reforms - Securities Daily

CHINA PRESS

Beijing plans to promote State Owned Enterprises (SOE) listing on stock exchanges will speed up reforms and improve the corporate governance, according to Securities Daily. Citing analysts, the paper said the plans would help construct a modern capital market with Chinese characteristics and allow firms to transition from a capital management culture to become more corporate orientated. The listing of central enterprises will inject high-quality resources into the capital market, provide more choices for investors, and enhance market competitiveness, the paper said.

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

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