PTR

China Asks Central SOEs To Hold Shares

China’s state asset regulator ordered the country’s centrally administered state-owned enterprises (SOEs) not to sell shares of their listed companies amid “abnormal market volatility” in an effort to stem massive stock market sell-offs.

CNPC's Oil Project In Xinjiang Welcomes Investors

The resource-rich Xinjiang Uygur autonomous region in western China will become the center of state-owned energy companies’ reform this year with the launch of a pilot project by the country’s biggest oil and gas producer in the area.