have received regulatory approval to set up a so-called "mixed ownership" company, a public document showed on Wednesday.
China has been accelerating its push for mixed-ownership reforms in an effort to boost the competitiveness of state firms.Shares in China Unicom surged 10% in Shanghai, forcing a temporary suspension of trade. Trade in its Hong Kong-listed sharesThe State Administration for Market Regulation approved the application, according to a list it published.
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