CHENGDU, Dec.23 (NBD) -- The implementation of mixed-ownership reform on State-owned enterprises (SOEs) improved market sentiment and pushed up share prices.

China pledged to take substantial steps in mixed-ownership reform in the electricity, oil, natural gas, railway, civil aviation,telecommunications and military industries on the Central Economic Work Conference held last week in Beijing.

Stocks of SOEs like PetroChina and China Mobile were performing well in the past few days. The stock price of China Easten surged 17% from Monday to Thursday and China Shipbuilding Industry Cooperation up 10%. The hot market shows that investors are expecting better enterprise performances after the reform.

Many security companies also have confidence on the reform. GF Securities' said in its research report that 2017 is the year to carry out SOE reform with a special emphasis on mixed ownership reform.

It recommended investors to eye on the stocks of 3 types of companies: SOEs that are going through mixed ownership reform, small SOEs that have room for growth, and listed subsidiaries of SOEs that have applied for mixed ownership reform.