Shanghai Composite Index Fell 0.73% on Tuesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Lithium prices are expected to continue rising after tripling in 2021; China becomes the world’s largest LNG importer; Shanghai Electric Power warns of loss on high coal costs
Appeals court upholds prison sentence for Ma Xingtian as well as $188,300 fine in the drugmaker’s massive financial fraud
Hong Kong-traded company joins other cash-strapped Chinese property companies selling assets to raise funds and avoid defaulting
Local transmission of the Covid-19 variants causing headaches in Beijing ahead of the games
Wang Bin is under investigation on suspicion of serious violations of law and party discipline
The Shenzhen-based company has until early July to get its stock price back above a buck
Researchers call for better safety standards in review of the 110 reported laboratory accidents that occurred from 2001 to 2018
New Oriental also had to pay out $3.1 billion as it radically downsized its operations
Despite several internet restrictions in Southeast Asia, foreign tech firms are increasingly interested in the region
Expansion of the Bond Connect program and greater inclusion of Chinese government bonds in global indexes have made the country’s markets more connected than ever to the rest of the world
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