Caixin
Apr 08, 2021 03:03 PM
FINANCE

Shanghai Composite Index Rose 0.08% on Thursday

China’s benchmark Shanghai Composite Index (000001.SH) gained 0.08% on Thursday, while the Shenzhen Component Index (399001.SZ) rose 0.08%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.53% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.7%.

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

· Tesla Counters Spying Concerns Saying Car Cameras Not Activated Outside North America

· 10 Incredible Fan-Made ‘Interstellar’ Posters

Fans are designing posters inspired by the 2014 sci-fi movie to express how it gave them a unique feeling

· CX Daily: Newly Formed Agriculture Giant Syngenta Group Posts Modest Annual Gains

With regard to a tax dispute, ByteDance and Indian government tell different stories. China's "Sky Eye" opens to the world

· Crippled Rental Platform Danke Faces Delisting From NYSE

Company didn’t report financial results after the 2020 first quarter as the pandemic caused its controversial expansion model to collapse

· Exclusive: Driverless Truck Startup TuSimple Seeks $1 Billion in U.S. IPO

Chinese-backed company based in San Diego eyes a valuation of $5 billion to $7 billion with Nasdaq debut set for April 15

· Top Tencent Holder Prosus to Sell Up to $14.6 Billion of Its Stake

Sale will fortify investment company’s war chest for new deals while leaving it Tencent’s biggest shareholder with almost 29%

· Beijing Color-Codes Buildings to Boost Vaccination Levels

Financial district leads campaign to ‘green code’ office structures showing when more than 80% of occupants are immunized

· JD.com Links Up With Visa to Promote Global Sales

Foreign users of Chinese e-commerce giant will be able to connect Visa cards with their JD.com accounts, easing mobile payments

· Chinese Bike-Sharing Startup Hello Launches Smart Electric Bicycles

Offering three new models that can be linked to mobile phones, Ant Group-backed company seeks to differentiate itself in a crowded market

· Analysis: China’s Diplomatic Marathon Aims to Find Political Solution in Myanmar

Last week, Foreign Minister Wang Yi met with his counterparts from Singapore, Malaysia, Indonesia and the Philippines to discuss the ongoing crisis

Click here to read more of the latest news.

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