PRESS DIGEST - China - Nov 19

BEIJING/SHANGHAI Nov 19 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Thursday. Reuters has not checked the stories and does not vouch for their accuracy.

SHANGHAI SECURITIES NEWS

-- China Mobile (0941.HK), the world's largest mobile carrier, has started preparations to list on Shanghai's international board and is selecting underwriters now, said Chairman Wang Jianzhou.

-- Several cities in China are facing a shortage of natural gas supplies, which industry experts said would spur reforms to boost gas prices.

CHINA SECURITIES JOURNAL

-- China should gradually reduce the state-held stakes in state enterprises, said Xia Bin, head of the financial institute at the Development Research Centre.

-- China Minsheng Banking Corp's (600016.SS) Hong Kong initial public offering was 160 times subscribed by individual investors, with more than HK$240 billion ($30.97 billion) in funds locked up during the subscription process.

-- China will seek uniform standards for labelling low carbon-emitting products as part of its efforts to cut energy consumption and lower carbon emissions, said Wu Xiaoqing, vice-minister of the environment.

-- China is likely to announce an on-grid reference price for electricity produced by solar power stations, industry sources said.

SECURITIES TIMES

-- Changsha Bank, a regional bank in southern China's Hunan province, is selling its stake in Founder Securities in preparation for initial public offerings of the two companies.

CHINA DAILY (www.chinadaily.com.cn)

-- More than 230 million hacking attacks were launched against the Chinese Ministry of National Defense's new website during its first month online, the site's editor-in-chief, Ji Guilin, said.

-- Unusually cold weather and resulting soaring energy consumption for heating have caused power outages and shortages of natural gas in parts of central and eastern China. ($1=7.749 Hong Kong Dollar) (Compiled by Beijing and Shanghai Newsrooms; Editing by Edmund Klamann and Ken Wills)