Free Trial

The Ministry of Finance said Saturday it......>

CHINA
CHINA: The Ministry of Finance said Saturday it would inject state-owned equity
into the social security fund. According to the document, 10% of the state-owned
equity of eligible state-owned enterprises (SoEs), including medium to large
SoEs and state-owned financial institutions, will now be owned by social
security fund. The social security fund will not interfere in the daily
operation and management of those SoEs, but will earn the dividends from the
equity holdings. The MoF stressed there will not be a large amount of selling of
the state-owned enterprises equity.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.