Equitisation still on the back burner

Equitisation still on the back burner

State-owned enterprises are again set to miss catching their annual equitisation wave.
Sweet profits yet to spur SOEs

Sweet profits yet to spur SOEs

Most equitised enterprises have attained higher turnovers and profits than during the pre-equitisation period. Yet, the number of firms that have been equitised this year has lagged far behind target, reaching just a quarter of the government’s plan.