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January 8, 2010

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Markets Alert

CHINA'S state-owned enterprises are being told to be prudent of venturing into the stock and real estate markets.

SOEs should be vigilant of investment risks and maintain stable operations while resisting the temptation of short-term profits, Huang Shuhe, deputy director of the State-owned Assets Supervision and Administration Commission, said yesterday.

"Enterprises should be particularly prudent in investing in the risky stock, futures and property markets," he told more than 100 SOE bosses at a meeting.

 

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