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Article: STATE-OWNED STOCKS MARKET VALUE GREW CNY12.04TRN

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AsiaInfo Services
Article date:
December 20, 2007
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AsiaInfo Services
12-20-2007
State-owned Stocks Market Value Grew CNY12.04trn

SHANGHAI, Dec 20, 2007 (SinoCast via COMTEX) -- By December 11, 2007, stocks at both Shanghai and Shenzhen stock exchanges saw their market value increase by CNY 22.13 trillion compared with the beginning of this year, including CNY 12.04 trillion of state-owned equities.

Total 153 listed companies controlled by enterprises under the State Council, China's cabinet, hold 146.5 billion state-owned shares, witnessing CNY 3.05 trillion market value increment, reported management and research center of Chinese listed companies on December 18.

The center forecasted that market value at the Shanghai and Shenzhen bourses ...

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