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China must boost battered valuations of SOEs, Shanghai stock regulator warns

Summary by South China Morning Post
The undervaluation of state-owned enterprises risks eroding their ability to raise funds via the markets, which in turn destabilises the economy, says general manager of Shanghai bourse.

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South China Morning PostSouth China Morning Post
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China must boost battered valuations of SOEs, Shanghai stock regulator warns

The undervaluation of state-owned enterprises risks eroding their ability to raise funds via the markets, which in turn destabilises the economy, says general manager of Shanghai bourse.

·Hong Kong
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South China Morning Post broke the news in Hong Kong on Tuesday, March 7, 2023.
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