Mixed Ownership Reform

China Mixed Ownership Reform News - Caixin Global

China tries partial private ownership for some of its biggest state-run firms, seeking to make them more dynamic and ensure their long-term survival.

5 Things to Know About China’s Mixed-Ownership Reform

Pilot program to make big state-run enterprises more dynamic differs from previous efforts by selling stakes to strategic investors

11 22, 2022 21:28 PM

Tech Insider: Baidu Up, GoTo Down, JD Spreads the Wealth Around

CATL rival aims for $2 billion Shanghai IPO, Faraday says it is stemming losses

11 03, 2022 05:38 AM

Tencent and China Unicom Tie Up in New Joint Venture

Social media giant and state telecom operator win antitrust approval for new business in data and cloud-related services

11 02, 2022 20:33 PM

PBOC Chief Hopes for ‘Soft Landing’ for China’s Housing Market

Central bank Governor Yi Gang’s comments are seen as response to worries about a prolonged real estate crisis that has plagued the world’s second-largest economy

09 07, 2022 07:38 AM

Guangzhou Auto’s EV Unit Completes Ownership Overhaul

GAC Aion lines up undisclosed strategic investors to clear the way for a public share sale next year in Shanghai or Shenzhen

08 19, 2022 20:03 PM

Tech Insider: Tencent Posts First Ever Revenue Decline, BYD Invests $4.2 Billion in Lithium Project

Electric carmaker Faraday widens loss in second quarter, XPeng launches fast-charging technology

08 19, 2022 17:02 PM

CTG Duty Free Raises $2.1 Billion in Hong Kong’s Biggest Listing of the Year

The world’s largest retailer for travelers sold 102.8 million shares for about $20 each, even as a Covid outbreak in its biggest market threatens its business

08 18, 2022 14:26 PM

Tencent Says Meituan Stake-Sale Report Is Inaccurate

A Tuesday report said that the social media giant has engaged financial advisers to help it sell a roughly 17% stake in the food-delivery super app

07 09, 2022 11:46 AM

Weekend Long Read: China SOE Reform Will Turn Companies Into Investors

Five top state-owned enterprises will shift their focus from operating their businesses to managing capital as part of a pilot program that will hopefully boost returns

07 01, 2022 02:19 AM

Shares of AI Giant SenseTime Dive as Much as 51% as Lockup Expires

Plunge wipes out $1.5 billion for backer SoftBank’s Vision Fund, and selling pressure may continue as limits on other shares expire

06 16, 2022 20:40 PM

Finance Ministry Says New Custody Rules Won’t Apply to Government Bonds

New system drawn up by financial regulators cannot be used for trading government bonds, ministry says

06 11, 2022 05:26 AM

Minsheng Securities Chairman Under Anti-Graft Probe

Arrest of Feng Henian, a former official of the China Securities Regulatory Commission, may be linked to probe of his former CSRC colleague Wang Zongcheng, sources say

05 21, 2022 10:00 AM

Weekend Long Read: China Still Needs Supply-Side Structural Reform, but Needs to Get It Right

The old playbook of short-term demand-side stimulus is not the answer to fixing the country’s long-term economic problems

04 07, 2022 14:19 PM

In-Depth Analysis: China’s Private Sector Has Actually Gotten Bigger

Contrary to the widely held view of SOEs playing a bigger role in the economy, private companies occupy an increasingly significant share of the largest companies

03 22, 2022 20:29 PM

Tech Insider: GAC Aion Sells Stake, Benz Opens Shanghai R&D Center

Nio Capital raises $400 million for its new tech fund, Microsoft’s search engine Bing suspends feature

02 26, 2022 10:00 AM

Weekend Long Read: The Weaknesses of New Structural Economics Theory’s Explanation of China’s Growth

The theory can’t help us figure out how China should make strategic and countermeasure arrangements to maintain an ideal growth rate, writes a former Central Party School economist

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