Shanghai Composite Index Rose 0.38% on Thursday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Shengjing Bank’s biggest shareholder is Evergrande, and authorities are probing $15.5 billion of transactions between the property giant and the regional bank
In first update to seven-year-old bank risk assessment criteria, CBIRC reduces the weight of profitability
Chinese shipping giant cuts a deal to acquire 35% of a German container operation, expanding its logistics network in Europe
The online consumer lender takes a step toward complying with rules designed to bring the risk-prone industry into the regulatory fold
Li Ka-Shing sells Shanghai building, Luckin Coffee offers millions to settle lawsuit, Universal Beijing resort opens to public
With peak winter season approaching, the government is keen to avoid a repeat of last year’s blackouts amid coal shortages and surging prices
China Nonferrous Metal Mining and China National Gold among those caught mishandling hazardous waste and encroaching on nature reserves
In an address to the U.N., the president pledges more support to developing countries for green energy
Losses widened 77% in the year the coffee chain’s vast accounting fraud was revealed
The embattled developer has shown itself to be a master at hiding debt, employing methods such as debt disguised as equity and acquisitions that have yet to be paid for
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