Shanghai Composite Index Rose 0.49% on Thursday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Initial public offering raises $267 million for the freight business to invest in logistics and storage, cold chain transit and information platform
After gaining regulatory approval, the $1.72 billion institution funded by big financial institutions is set to augment the third pillar of China’s retirement system
Regulators order online gaming companies ‘to strictly enforce’ stringent new limits on minors’ playing time
CSRC deals another blow to a scandal-plagued brokerage house amid tightening Chinese scrutiny of financial intermediaries
Fertilizers get a rail transport price break; Three Gorges to shut down manganese unit; domestic flights fall 40% amid Covid-19 resurgence
Producers can sell clean electricity directly to end-users at exchange centers set up in Beijing and Guangzhou
The undeveloped plot of land bought by the state-owned bad-asset manager is now worth about one-third what it paid, underscoring its woeful history of bribery-fueled investments
National holiday gatherings not encouraged says CDC expert, and 660 celebrity-focused companies cancel registrations in 2021
The country’s top corruption watchdog will work with other authorities to consider appropriate punishments, a CCDI official said
Mobile telecoms networks and data centers nationwide urged to adopt new strategies and technologies to lower power usage to meet carbon reduction targets
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