Beijing Enterprises does active research over issuing CDR in mainland

CSRC has set up a group to do research over launching the CDR plan. All the red chips stocks inclined to issue CDR. Hu Zhao Guang, chairman of Beijing Enterprises Holdings (0392), said the company began to do research over issuing CDR since February and it was now waiting for the national policy to be launched. The company itself also hoped to become a member of the red chips companies, which issue CDR first.

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