Date
18 November 2017

Guangdong SOE reform plan out soon, paper says

Guangdong is expected to release a plan to reform its state assets no later than the first half, Shanghai Securities News reported Tuesday, citing Huang Dunxin, deputy director of the provincial state assets regulator. The plan includes a diversified shareholding structure aimed at boosting the size and efficiency of its state assets, the report said. Earlier, Shenzhen unveiled its own blueprint under which it aims to increase the assets of its state-owned enterprises to 700 billion yuan (US$114.75 billion) by 2015. The plan also includes a diversified shareholding, the report said.

– Contact HKEJ at [email protected]

KZ/AC/RA

 

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