China may let private investors take bigger stakes in state-owned companies, The Wall Street Journal reported, citing an anonymous source from the State-owned Assets Supervision and Administration Commission, which oversees state firms. “We welcome private capital to invest in the state-owned enterprises,” the officials said, following a report by the state-run China Daily newspaper on Monday that said Beijing will allow private investors to hold up to 15% of state firms. Currently, private investors are able to buy shares in major state-owned companies listed on a stock exchange, but that normally amounts to small holdings distributed among many investors