Reuters exclusively reports China prods state firms to boost investment in crisis-hit Hong Kong

Reuters exclusively reported China has called on its biggest state firms to take a more active role in Hong Kong, including stepping up investment and asserting more control of companies in the financial hub as Beijing attempts to calm months of unrest in the city. At a recent meeting in Shenzhen, the city bordering Hong Kong, senior representatives from nearly 100 of China’s largest state-run companies were urged to do their part to help cool China’s biggest political crisis in years, Reuters sources said.

Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia