China has finished the drafting of a mid- and long-term development plan on soccer industry, according to China's Football Association.
Analysts with Everbright Securities noted that relevant A-share listed firms such as Jiangsu Sainty Co. (600287.SH), Toread Holdings Group Co. (300005.SZ) and China Sports Industry Group (600158.SH) may directly benefit from the plan. In February, China issued an overall reform plan to boost the development of football activities in the country.
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