British media reports that China is planning to hold the golden stocks of science and technology giants Alibaba and Tencent's companies, which meansWith these shares, they have special rights in some business decisions of the enterprise.Not According to the British Financial Times on Friday (January 13), gold stocks generally only account for only 1%of relevant companies.Chinese officials can participate in the business of related companies through gold stocks.Not Reuters reports that gold stock buyers can enter the board of directors after purchasing funds or enterprises supported by the government, and even exercise their veto in key business decision -making.Not People familiar with the matter told the Financial Times that the National Investment Fund established by the National Internet Information Office last week was purchased by the subsidiary of Alibaba.The Financial Times quoted Chinese business records that the investment fund purchased 1%of Alibaba Guangzhou subsidiaries on January 4 as a gold stock.Not As for the golden stock arrangement of Tencent's companies, sources said they are still discussing specific details, but the gold stock arrangement will involve one of Tencent's subsidiaries in China.
