Four listed firms pioneer State share reform
2005-05-09 14:38:12
Four firms will become China's first to begin selling untraded government-owned stock in a revived programme to unload US$300 billion of State shares that have pressured markets for years.
1st State-share sale expected in May
2005-03-23 14:38:28
The government was likely to give approval for three to five listed companies to trade non-tradeable State shares as early as May under a pilot scheme, the South China Morning Post reported, citing a government-approved consultancy firm.