Shanghai Composite Index Fell 1.95% on Friday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Demand surges amid economic recovery while prices rise under government pressure to cut production in pollution-control campaign
Long-delayed financial report is in line with April 2020 estimate as the delisted Chinese coffee chain vows to divulge 2020 results as soon as possible
Offshore drilling rig giant gets $129 million cash injection; Guangdong Electric unit to build power complex in Huizhou; Hebei geothermal pilot project generates power
While shopping activity increased, consumers tended to choose less-expensive products in the first quarter, Bain report says
Treatments for lung and gastric cancer are among 433 medications to be considered in government negotiations with pharmaceutical firms
Nation’s largest developer eyes $2 billion listing of management division amid tighter government scrutiny
Celebrations for CPC’s 100th anniversary, Sinovac Covid jab deemed safe for minors
There is no law against the practice in China, nor is any legislation against it on the table
Shares of No. 2 chain Nayuki end down 13.5% on their first day, as big investors worry about competition
Country’s three energy majors are rushing to formulate and roll out new strategies following last year’s creation of PipeChina
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