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National Development and Reform Commission: Continuously improve investment policy tools and focus on expanding effective investments.
According to official media reports, Zhao Chengfeng, deputy director of the Investment Division of the National Development and Reform Commission, stated that from the perspective of promoting new productivity development, building a modern industrial system, and improving infrastructure and public service levels in china to meet the people's need for a better life, there is considerable potential for investment in china. Looking to the future, Zhao Chengfeng believes that the investment potential and space in china remain enormous. Firstly, there is huge investment demand potential in technology innovation and industrial upgrading. On one hand, driven by the 'dual carbon' goals, there is broad investment space in green transformation areas such as green infrastructure, green energy, and green living in china. On the other hand, responding to a new round of technology...
China State Con (03311.HK) subsidiary China State International Investment establishes factoring arrangements.
On December 6, Grand Enter announced that China State Con (03311.HK) has entered into a factoring arrangement on December 6, 2024, whereby on the same day, China State Con Investment (its indirectly wholly-owned subsidiary) entered into the following agreements: (1) Accounts receivable transfer contract one with Wenzhou Hai Sheng; (2) Accounts receivable transfer contract two with Wenzhou Hai Heng; and (3) Factoring contract with China State Commercial Factoring, concerning the transfer of accounts receivable to China State Commercial Factoring, which (a) provides a principal amount of 0.25 billion yuan (equivalent to approximately HKD) to China State Con Investment at a discount rate of 94.7%.
China State Construction Redeems $500 Million Perpetual Securities
China state con (03311.HK): Redeemed 0.5 billion US dollars of subordinated guaranteed perpetual capital securities.
Geelonghui December 3rd China StateConstruction International (03311.HK) announced that China StateConstruction Finance (Cayman) III Limited (the "issuer") has issued an announcement regarding the issuance of 0.5 billion US dollars of subordinated perpetual capital securities guaranteed unconditionally and irrevocably by the company (the "securities"). According to the terms and conditions of the securities, the issuer may give no less than thirty days and no more than sixty days' notice to repay the outstanding principal amount together with any accrued distributions (but not including on the first redemption date or
Hong Kong stock concept tracking | The State-owned Assets Supervision and Administration Commission + Development and Reform Commission improve the liability exemption mechanism for central enterprises. Institutions focus on the investment value of centra
Establishing a mechanism for due diligence and compliance to exempt accountability in two departments.
Express News | Two departments: In response to the issues of state-owned capital venture investments being "reluctant to invest" and "unwilling to invest", a sound assessment and compliance exemption mechanism suitable for the characteristics of state-owned central ente
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