As Beijing moves ahead with plans to unload US$300bn worth of state shares overhanging the stock market for years, four companies were selected to be the first to put their non tradable shares on the block, Reuters reported. The four are machinery maker Sany Heavy Industries Co Ltd, computer services provider Tsinghua Tongfang Co Ltd, packaging materials firm Shanghai Zi Jiang Enterprise Group Co Ltd and coal producer Hebei Jinniu Energy Resources Co Ltd.
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