Shanghai Composite Index Rose 0.73% on Wednesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Floodwaters swamp a train and subway station in Henan province’s capital Zhengzhou, forcing a rescue operation
Foreign venture capital funds that have backed and profited from Chinese startups reassess their China strategies following Didi crackdown
State Council offers tax deductions, help with housing and more affordable child care to encourage couples to raise more children
Shanghai-owned enterprises form new company to take controlling stake in detained businessman Gao Tianguo’s former highflyer
Company that once counted Intel as a major partner ran into financial troubles after expanding too aggressively into the costly sector
Anhui man in his 20s embezzles $10.8 million, Qingdao algae bloom may have long offshore life, and Afghan envoy’s daughter kidnapped in Pakistan
Debt restructuring agreement marks key step forward in efforts to set up a national system for insolvent individuals
Xu Weihua, former president of the bank’s Hainan branch, is under investigation by the top anti-corruption agency
New requirements for government cybersecurity reviews in proposed IPOs adds to headwinds for tech companies seeking foreign share sales
The chairman of China Aerospace Investment, a subsidiary of a key contractor for the nation’s space program, has been removed from office
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