Shanghai Composite Index Rose 0.7% on Tuesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Restructuring of semiconductor giant accelerates as China Electronics and a Shanghai consortium join five bidders shortlisted in June
CATL signs battery deal with Detroit EV maker; Li Auto starts construction of new Beijing factory; electricity prices rise in Shandong and Jiangsu
‘To achieve common prosperity for 1.4 billion Chinese people, we must take concrete, long-lasting action, but it does not mean simultaneous prosperity for everyone’
Alibaba Cloud’s custom-designed chip, which is based on Softbank’s ARM architecture, seen as a competitive response to the perceived technology advantage of rival Amazon Web Services ’s own line of ARM-based chips
First glimpse into Zhongwang’s status this year seemingly reveals it’s not being buoyed by booming market
19th Central Committee will meet from Nov. 8 to Nov. 11 in Beijing to consider a resolution on the party’s major achievements of the last 100 years
Tangshan Songting Iron & Steel violated regulations by failing to halt production during periods of heavy pollution in March
At a Caixin co-sponsored forum, Wang Jinnan also says steel and cement sectors might peak well ahead of the deadline
For the U.N.’s 15th biodiversity convention, the elephant in the room has been how little attention the topic has received compared with climate change
The most-traded MSCI China A 50 Connect Index futures contract finished the first day of trading down 0.8%
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