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BEIJING, Aug. 25-- China's securities regulator will continue to support the mixed ownership reform of state-owned enterprises (SOEs) within its responsibilities in the future, a spokesperson said Friday. For such reforms of SOEs involving initial public offerings, refinancing or mergers and acquisitions, the China Securities Regulatory Commission (CSRC) will give full support based on laws and regulations, spokesperson Chang Depeng said at a press conference. Meanwhile, if reform plans involve capital market issues, the company should "strictly follow securities regulatory laws and regulations and existing supervisory rules," Chang said. He made the remarks after the CSRC issued a statement supporting the mixed ownership reform of telecom carrier China Unicom as an "exceptional case." Last week, the company published a plan to introduce new investment mainly by issuing shares to buyers including China Life and Tencent, but soon withdrew all filings with Shanghai Stock Exchange citing "technical reasons." Analysts believed the plan may breach a 20-percent cap for listed companies issuing new non-public shares. The plan reappeared on the Shanghai bourse website Sunday night, followed by a supportive announcement from CSRC saying it treated the plan as an exceptional case exempted from the stricter refinancing rules effective since February. Chang reiterated that the China Unicom case carried "great importance as a pilot for deepening reform of centrally administered SOEs." | 
