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China's SOE reform likely to bring RMB20 trln state assets to stock market

BEIJING
2015-10-30 18:21

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Reforms on China's state-owned enterprises may bring investors the biggest investment opportunity in the next ten years, said Zheng Xiaohui, a fund manager at China Asset Management Company.

As a key part of the reforms, securitization of state-owned assets can pour around 10 to 20 trillion yuan into the stock market, Zheng estimated. At present, China's securitization rate of the state-owned assets stood at less than 30 percent, said Zheng.

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