Shanghai Composite Index Rose 0.67% on Monday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Ride-hailing giant’s rush to raise funds in a U.S. IPO may have been driven by pressure from investors eager to cash out some of their $35 billion of equity
Broadening of scope of cybersecurity reviews comes just days after Didi became the first company subject to such an investigation
PBOC will lower the RRR for lenders by 50 basis points Thursday, leaving them with more cash available to lend
Six consortiums are in the running to take a stake in Dajia Insurance, the company created to pick up the pieces of the financial conglomerate seized by the state in 2018
Regulators have stepped up efforts to crush cryptocurrency trading and are now aiming to wipe out Bitcoin mining in the country
Léon Hoa, who helped define modern architecture, decided to return to China in the 1950s, leading to the creation of unforgettable landmarks in Beijing and an unexpected ordeal
Ride-hailing giant’s $4.4 billion New York share sale may have run afoul of Chinese national security requirements and regulators’ wish to settle questions before IPO
PetroChina’s Yunnan refinery process more than 40 million tons of crude; Southern Grid posts a 5.2% jump in electricity sales; another hydropower station starts operating
Huishang Bank files petition for court-led reorganization of the debt-laden state-owned semiconductor conglomerate
Janice Hu, a 25-year veteran of China’s financial markets, becomes China CEO after departure of Tang Zhenyi
Click here to read more of the latest news.
This article was generated by Caixin Automation.
Download our app to receive breaking news alerts and read the news on the go.
Follow the Chinese markets in real time with Caixin Global’s new stock database.
- MOST POPULAR