Shanghai Composite Index Fell 0.17% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.17% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 0.33%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.5% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.37%.

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

· Help Wanted: China to Hire More Trustbusters

Top market watchdog posts 18 jobs in the Anti-Monopoly Bureau as government expands crackdown on unfair competition

· Wanda Light Asset Unit Moves Closer to Hong Kong Flotation

Top securities regulator accepts application to sell shares in Wanda Group’s commercial property management unit

· Battling Youth Unemployment, China to Open More Coveted Civil Service Jobs to Fresh Grads

Nearly 70% of the 31,200 open positions will be offered to candidates right out of college in 2022

· In Depth: The Volatile Cocktail Stirring Up China’s ‘Baijiu’ Market

Weak profit growth and a mania for investment prompted regulators to voice concerns — sending stock prices on a gut-wrenching ride

· Update: First Batch of Banks Begin Cross-Border Wealth Management Connect Services

Trial program allows investment in lower-risk products across Greater Bay Area’s three regions

· Authorities Scramble to Control Multiregion Covid Outbreak Linked to Infected Tourist Group

Eight travelers tested positive in Xi’an and Yinchuan and connected cases have been identified in Beijing and four other provincial-level regions

· China’s Warring Internet Giants Start Dismantling Their Barriers

Alibaba users will soon be able to share Taobao shopping carts on rival Tencent’s WeChat groups

· Chinese Actress’s Ex Fined $5 Million for His Part in Tax Evasion Scheme

Zhang Heng, who was also the agent of the disgraced star Zheng Shuang, had helped her cover up the 160 million yuan salary she got from a TV show

· Huawei Wins Contract for Saudi Energy Storage Project as It Expands Into New Businesses

A unit of the telecommunications gear giant will help construct the 1,300 megawatt-hour project in the planned city of Neom

· Opinion: As Nature Fights Back, World Needs to Mobilize to Cut Emissions

If we don’t act promptly, there will be irreparable consequences for the planet and its people

Click here to read more of the latest news.

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