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Law & Regulation

State stock shake-up

Following the success of a pilot scheme revived in April involving reform plans for 46 companies, Beijing is ready to endorse a full share sell-off program, state media said. More than US$200 billion worth of previously non-tradable shares held by the state in all 1,400 of its listed firms are to be floated in a bid to revive the country's underperforming stock markets.

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