China Unicom A Good Test Case For SOE Reform

摘要

China Unicom, one of China's three state-owned telecoms operators, is reportedly reviewing its ownership structure in order tornattract more private investment. In a filing to the Hong Kong Stock Exchange(HKSE), the operator said China United NetworkrnCommunications Group, the company's controlling shareholder, was working on developing a mixed ownership model, whichrncould form a platform for change in the shareholding of the company. China Unicom, China Mobile and China Telecom are allrnstate-owned entities, but certain investments and subsidiaries - including holding companies for most of their core infrastructurernand services activities - are listed on the HKSE.