Shanghai Composite Index Fell 0.82% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.82% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 1.6%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 2.98% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 2.25%.

Below is a rundown of the top China business and finance stories, plus other news for the day:

· Foreign Investors Cut China Bond Holdings at Record Pace