Shanghai Composite Index Rose 0.67% on Tuesday

China’s benchmark Shanghai Composite Index (000001.SH) gained 0.67% on Tuesday, while the Shenzhen Component Index (399001.SZ) fell 0.98%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 2.4% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 2.45%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Ant-Backed MYBank Fined for Anti-Money Laundering Violations

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