Beijing State-owned Assets Operation Co., a pilot municipal state-owned capital
investment company, said it is confident in China’s economic and capital market
outlook and will support market stability. The firm will prioritise becoming a
leading domestic state-owned capital investor, align with policy on building a
modern industrial system and supporting new quality productive forces, and
pursue an industry-investment plus fund-investment model. It will step up share
accumulations in listed holdings, promote M&A and restructuring of listed
companies, act as long-term, patient and strategic capital, and push its
controlled listed companies to prioritise investors by improving operating
quality, increasing dividends and promptly addressing market concerns.
