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More firms picked
18/5/2005 17:13

China may pick another eight to 10 listed firms in mid-June to participate in the trial disposal of state holdings, the Oriental Morning Post reported yesterday, citing a source close to the nation's state-asset regulator. The to-be-launched list is likely to include one or two enterprises directly owned by the central government, the paper said. China Petroleum & Chemical Corp and  its sponsor China International Capital Corp are currently drawing up proposals to sell non-tradable state shares to retail investors, the report said.



 Shanghai Daily/Agencies