Shanghai Composite Index Fell 0.1% on Wednesday
China’s benchmark Shanghai Composite Index (000001.SH) lost 0.1% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 0.74%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.17% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.86%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
Kim Yo Jong’s condemnation was the closest thing to communication between North Korea and the U.S. in more than a year
Although China’s economy resumed growing at a pre-pandemic rate last year, the IMF predicts the same won’t happen for emerging markets until 2023
Price slid to $7.10 per million Btus after China’s winter heating season came to an end
Approval of the Chinese-developed single-shot inoculation is being delayed because local authorities are prioritizing Russian-developed jabs
The country will contribute more than one-fifth of the total increase in the global GDP in the five years through 2026
Farmers have been asked to uproot 10% of the trees each year and replace the fields with rubber or other environment-friendly crops
Aeon group retailer cuts cost with fewer sensors developed by Chinese startup Cloudpick
Hanoi targets Alibaba, Netflix and Amazon with pair of new regulations
China's tourism travel surges to near pre-pandemic levels during the Qingming Festival holiday
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