The Beijing government is implementing reforms to state-owned enterprises in an attempt to regain the trust and support of investors.

Q: How long will it take to read this news story?

The story " The Beijing government is implementing reforms to state-owned enterprises in an attempt to regain the trust and support of investors." has 901 words across 33 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story " The Beijing government is implementing reforms to state-owned enterprises in an attempt to regain the trust and support of investors." was covered 2 weeks ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 13 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #20709339</li><li>URL: https://beamstart.com/news/beijing-reforms-unloved-state-owned-17133181798903</li></ul>

Financial Times 2w ago

The Beijing government is implementing reforms to state-owned enterprises in an attempt to regain the trust and support of investors. - Financial Times

Quick Summary:

Top Chinese SOEs have dividend yields above 5%Company nameMarket capP/E ratioDividend yieldPetroChina$259bn8.06.3%ICBC$246bn5.48.2%China Mobile$193bn10.37.1%Bank of China$169bn4.17.9%China Construction Bank$157bn3.39.0%Cnooc$123bn6.86.5%China Shenhua Energy$108bn9.37.5%China Petroleum & Chemical$104bn8.88.0%Source: Bloomberg.

Forced to choose between the new financial metrics and earlier mandates, some expect the SOEs would emphasise social stability.“Reducing unemployment is more important than [improving] return on equity”, said the analyst who preferred not to be named.

SOEs are still an important tool of state policy, and some investors fear the trade could quickly go sour if government priorities change.“SOEs have multiple goals.