Shanghai Composite Index Fell 0.96% on Friday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.96% on Friday, while the Shenzhen Component Index (399001.SZ) rose 0.09%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 1.36% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 1.18%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Energy Insider: China’s New-Energy Vehicle Industry Booms

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