介绍:
Market expectations are now higher on a new round of state-owned enterprises reforms.
This comes as five centrally-administered state-owned shipping giants have suspended trading in the A share market from today, saying shareholders are considering important moves for their future development.
These shipping firms include China COSCO and China Shipping Container Lines.
This has raised speculations on SOEs' further consolidation.
Over the weekend, it has been reported that the State Council, China's Cabinet, has given a green light to a blueprint to overhaul SOEs.
South China Morning Post, citing an inside source, says the new reforms aim to put a greater distance between government and commercial operations of State firms.
The newspaper also adds that two new capital operating firms will be set up to channel funds to SOEs.
However, the Chinese authorities have not yet confirmed the long-awaited guidelines.
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