Caixin
Sep 17, 2021 03:03 PM
FINANCE

Shanghai Composite Index Rose 0.19% on Friday

China’s benchmark Shanghai Composite Index (000001.SH) gained 0.19% on Friday, while the Shenzhen Component Index (399001.SZ) rose 0.71%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.13% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 2.06%.

Below is a rundown of the top China business and finance stories, plus other news for the day:

· Source of Fujian Outbreak May Have Been Infected in Quarantine

Man who returned from Singapore tested negative nine times in 21 days of quarantine before Covid-19 appeared after 38 days in China, top immunization official reports

· Energy Insider: China to Sell 7.38 Million Barrels From Crude Reserves

Chifeng Jilong Gold Mining to invest $1.46 million for exploration in Slovakia; aluminum prices reach 15-year high; China-Africa sea-rail service starts

· China Formally Applies to Join CPTPP

Multilateral Trans-Pacific trade pact includes Australia, Canada and Singapore but not the U.S. after Trump withdrew from bloc conceived by Obama

· MSCI Outlines Regulators’ Role in New Offshore Stock Index Futures

Global index provider explains background, design of A-share index futures that will start trading in Hong Kong

· Evergrande Chairman Quits as Director of Luxury Hong Kong Property Firm

Hui Ka Yan remains as sole shareholder of house estimated to be worth $103 million

· Top Chinese Diplomat’s Overseas Trip Focuses on Tighter Collaboration With Neighbors

South China Sea tensions, Belt and Road links and multilateral cooperation were key issues addressed during foreign minister Wang Yi’s visit  

· State-Owned Chinese Coal Giants Pledge to Buy Green Power

A dozen producers vowed to participate in the new trading program that aims to support the country’s transition away from polluting fuels like coal

· New Book Says Top U.S. Military Officer Secretly Called Chinese Counterpart, Infertility Rate Rises, Earthquake Strikes Sichuan

Cyberspace regulator tells platforms to manage accounts better, authorities announce blacklist for misconduct in after-school tutoring

· GM’s China Venture Is Developing Its Own Microchips, Report Says

SAIC-GM-Wuling Automobile says it aims to improve the quality and cost effectiveness of its chips through a project it has been working on since 2018

· Over 90% of Chinese Students Aged 12 to 17 Fully Vaccinated Against Covid

More than 95% of pupils, teachers and school staff have received two doses, state media reports

Click here to read more of the latest news.

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