Shanghai government tells state-backed listed companies to pay more heed to market values

Quick Summary:

The admonishment from the regulator of state-owned assets comes as the 440 listed companies based in Shanghai are lagging well behind the benchmark CSI 300 Index this year.

People ride scooters on the street beneath a large screen showing the latest stock data in Shanghai on January 2, 2024.

The biggest three are SOEs Bank of Communications, China Pacific Insurance and Shanghai Pudong Development Bank, DZH data shows.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Trading Market State-owned Shanghai’s Shanghai Cent Data Investors Stock Listed Companies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 12:02:09 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21660166

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 18 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 4 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions