Shanghai Composite Index Rose 0.12% on Monday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Midway through a final year of transition to new rules, banks’ wealth management units are struggling to get it all done, including hiring enough talent
Trade minister says Australia is seeking dispute resolution to vigorously defend the interests of its winemakers
Almost 460 brands that have been on the market for less than three years won sales in their segments on Tmall.com, the platform said
Sequoia-backed Chinese e-commerce platform which sells to overseas markets was valued at around $150 million last year
The number, shorthand for elite universities and their graduates, has become an object of disdain for how it’s used by exclusive dating sites to perpetuate class divisions
Home to China’s second-largest concentration of such operations joins national campaign against energy-hungry industry that poses financial risks
Consultant AlixPartners says surge in automakers’ valuations seems out of line with actual vehicle sales
Nuclear plant builder records surge in orders; Sinopec to increase cleaner fuel supply in Fujian; the auto and display screen industries vow greater cooperation
China launches crewed spacecraft Shenzhou-12, country’s Covid-19 vaccination reaches more than 900 million doses
Subsidiary of Ueda Yagi Tanshi gets regulator’s approval to start operations in further liberalization of country’s financial markets
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