Shanghai Composite Index Fell 0.95% on Monday
China’s benchmark Shanghai Composite Index (000001.SH) lost 0.95% on Monday, while the Shenzhen Component Index (399001.SZ) fell 0.89%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.23% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.84%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
State-owned bad-debt manager’s auditors need more time to finalize an unspecified transaction before it can publish the results
Firms from the mainland and Hong Kong have raised $6.6 billion through initial public offerings in the U.S. this year
Originally planned to start last November, it was deferred by both parties due to the worsening Covid-19 situation in Hong Kong
While the fintech industry has been booming over the past few years, not everybody seems to know that it is really about using technology to complement finance, which remains the foundation.
Revenue declined 37.7% year-on-year
Revenue declined 4.7% year-on-year
Revenue grew 6.6% year-on-year
Revenue grew 25.1% year-on-year
Revenue grew 7.2% year-on-year
Revenue declined 4.9% year-on-year
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