China Southern Power Grid said it remains positive on the long-term outlook for China’s capital markets and will implement the State-owned Assets Supervision and Administration Commission (SASAC) directive to improve listed-company quality. The company endorsed the industry value, growth potential and sector strengths of its four listed subsidiaries — Southern Grid Energy Storage, Southern Grid Energy, Southern Grid Digital and Southern Grid Technology — and said it will continue to empower thes

China Southern Power Grid said it remains positive on the long-term outlook for China’s capital markets and will implement the State-owned Assets Supervision and Administration Commission (SASAC) directive to improve listed-company quality. The company endorsed the industry value, growth potential and sector strengths of its four listed subsidiaries — Southern Grid Energy Storage, Southern Grid Energy, Southern Grid Digital and Southern Grid Technology — and said it will continue to empower these platforms, support listed companies in conducting market-value management in accordance with regulations, and act to stabilise market expectations and protect investors’ rights.