Tag Archives: asset

Central SOEs reform will be done in 2017

With some exceptions, China will include all central State-owned enterprises that have not been reformed in a modern corporate system by making them legal persons by the end of this year. The exception will be those in the financial and cultural sectors. The move is expected to help clear away institutional barriers for further SOE reform.

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GDP data show continued expansion

China’s economy expanded at a faster-than-expected 6.9 percent year-on-year in the second quarter and economists said the trend of stable growth is set to continue into the second half of 2017, paving the way for the country to strengthen reforms.

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China, India boost asset managers

Even as assets under management rose in 2016, companies that manage investments still face challenges, as net new flows – the industry’s lifeblood – were tepid and profit margins remain under pressure.

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Industrial firms show healthy profit growth

China’s big industrial firms are expected to see stable profit growth in coming months, after a double-digit year-on-year increase in cumulative profit from January to May laid a solid foundation for the year.

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China’s A shares to join key index

China’s assimilation into the global financial marketplace took another step forward Tuesday when index-provider MSCI Inc said it will include Chinese mainland-traded Chinese equities or A shares in its emerging markets index.

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‘Resilient’ growth tops Q1 forecasts

China’s economy got off to a strong start in the first quarter, with GDP expanding at a higher-than-expected 6.9 percent year-on-year. The result, analysts said, has laid a solid foundation for the country to achieve its growth target of at least 6.5 percent this year.

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