Shanghai Composite Index Fell 0.07% on Tuesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
70% of the population to have had their first dose of the vaccine by the end of September, official says
HNA employees and relatives file claims for $4.6 billion of wealth management products purchased from HNA units
Steel industry braces for curbs while racing to slash emissions; EU carbon border tax to hammer China’s heavy industries; Great Wall unit mass-produces cobalt-free batteries
Chinese companies that have paid for emissions at home will likely be able to offset part of the tax required by the EU, an analyst says
Company that once counted Intel as a major partner ran into financial troubles after expanding too aggressively into the costly sector
Some innovative medications approved outside China are still awaiting domestic approval, and some that have been approved haven’t been included in the medical insurance program
Move comes as Beijing vows to produce less crude steel in 2021, leaving steel firms and local governments to struggle with balancing economic and environmental concerns
China sends criminal investigators to Pakistan to look into bus explosion, and top health authority emphasizes that vaccinations are voluntary
Sources told Caixin that Tang Zhenyi is expected to start work at the Beijing-based high tech firm this week
The commercial bank and eight other lenders will participate in research and development of China’s new virtual yuan
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