Shanghai Composite Index Fell 1.83% on Wednesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Many provinces impose power rationing as surging power demand runs into supply constraints; high prices and shortages of coal reflect past regulatory crackdown
Acquisition gives CIMC access to Maersk’s high-end refrigerated marine container technology, boosts CIMC plans for growth in transporting perishables
Michael Kovrig and Michael Spavor had been held in China since late 2018 on espionage charges
In Liaoning province, 23 people require hospitalization after a power cut at a factory shut down ventilation, leading to carbon monoxide poisoning
New guidelines issued to promote ‘healthy’ family relationships and gender equality
Creditors want 400 billion yuan from financially troubled Hainan Airlines, but now they will be asked to accept far less
Alibaba invests in Singaporean van startup and plans for robot deliverymen at home
Hui Ka Yan had a knack for creating hype that drove the debt-ridden developer to a stratospheric valuation, allowing it to borrow ever larger amounts
A coal shortage and a resurgent economy are forcing electricity rationing to industry and households alike
Li Guorong misused his power when acting as a senior executive supervising the takeover of Baoshang Bank, China’s top graft-buster says
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