Caixin
May 06, 2021 03:03 PM
FINANCE

Shanghai Composite Index Fell 0.16% on Thursday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.16% on Thursday, while the Shenzhen Component Index (399001.SZ) fell 1.58%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.92% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 2.48%.

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

· Whistleblower Doctor Challenges Finding in Cancer Treatment Feud

Oncologist Zhang Yu urges public discussion of National Health Commission’s probe into allegations of malpractice

· Tesla Challenger Nio More Than Doubles April Deliveries

After selling 7,102 electric cars last month, startup projects holding pace this quarter and adding production capacity

· China Calls Out 33 Apps for Violating User Privacy

The cyberspace watchdog says the apps, including those backed by tech giants Alibaba, Baidu and Tencent, breached regulations on the collection and use of user data

· Li Ka-Shing Unseated by Tesla Battery Supplier as Hong Kong’s Richest Man

Contemporary Amperex Technology Chairman Robin Zeng’s fortune has more than tripled on red hot demand for energy storage solutions

· China Sets Up National Body to Take On Child Abuse

Headed by Vice Premier Sun Chunlan, the new leading group seeks to create a unified national guardianship system

· Sinopec to Plow Cash Into Natural Gas as Climate Targets Loom

The Chinese state energy giant plans to double its LNG trading volume by 2025

· Drop in Capital Investment Drags on Caixin New Economy Index

Contribution of new economy industries in total economic input dropped to 27% in April from 29.1% in the previous month, NEI shows

· Three Cases of Coronavirus Variant Spreading in India Show Up in Southwest China

Authorities in Chongqing have confirmed that the trio who were working in the South Asian country have been infected with the B.1.617 strain

· In Depth: Government Information Disclosure for the Pandemic Year

Data shows that the public’s biggest concern was property, with many requests focused on land requisition and resettlement

· Opinion: How Chinese Tech Companies Can Rise to the Green Challenge

Green innovation can boost corporate reputation as well as creating economic value, Lenovo chief says

Click here to read more of the latest news.

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