Article: BEIJING AUTHORITY FOCUSES STATE-OWNED CAPITAL OWNERSHIP


AsiaInfo Services
02-04-2009
Beijing Authority Focuses State-owned Capital Ownership

BEIJING, Feb 04, 2009 (SinoCast Daily Business Beat via COMTEX) -- The State-owned Assets Supervision and Administration Commission of Beijing Municipality, the local state-owned assets watchdog, transfers those state-owned shares in nine listed companies under its administration to the nascent Beijing State-owned Capital Management Center, the listed companies announced on February 4.

The center was registered in Beijing on December 30, 2008 by the commission, with a registered capital of CNY 30 billion at the earliest. It is a company with the national ownership. It is aimed to build a platform for ...

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