Shanghai Composite Index Fell 0.58% on Wednesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Company releases details of rescue involving cash injection from special purpose vehicle partly controlled by the Shanghai government
Investors in China’s most vibrant sectors — from technology to education — are caught in line of fire as Beijing reins in private enterprises
Investor confidence in the debt-ridden Chinese developer takes a one-two punch as its stock plunges more than 13%
After media reports that Vice Foreign Minister Qin Gang will fill the vacancy, ministry says announcement will come ‘in due course’
Kim and Moon exchange letters ‘to make a big stride in recovering mutual trust’ and reopen hotlines that went cold for a year
China’s leaders are pursuing a consistent set of values promoting fairness and equality of opportunity, influential blogger argues
Zheng Jianhua, party head and chairman of state-owned energy equipment giant, suspected of corruption as Shanghai graft busters disclose investigation
Antibody test results rise significantly following a booster shot after six months, though effect in protecting against new variants wasn’t clear
Takeout giant seals deal with Beijing-based automaker Li Auto to use intellectual property from abandoned project
City’s largest hospital took 30 hours to evacuate more than 11,000 patients after major power outage
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