Nation's growth a boon to investors
By Wang Yanfei | China Daily | Updated: 2017-08-17 08:49
Report urges Chinese conglomerates to improve their capital allocation
The performance of Chinese listed multi-business companies significantly outpaced their counterparts in developed countries in the past 10 years, at least when measured by returns in the stock market, according to a report by Boston Consulting Group on Tuesday.
In order to sustain the positive trend, the report said domestic companies need to improve capital allocation and management of diversified businesses.
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