China’s State-Owned Firms, Long Market Laggards, Are Suddenly Stars
Chinese official statements are full of warm feelings for business again. But investors are signaling caution. Continue reading
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Chinese official statements are full of warm feelings for business again. But investors are signaling caution. Continue reading
China’s stodgy state-owned companies have become the stars of Hong Kong’s stock market. At the Communist Party Congress in October, President Xi Jinping said state-owned enterprises needed to “get stronger, do better and grow bigger.” State-owned property developers are trouncing their debt-...
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