Shanghai Composite Index Fell 1.17% on Thursday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Battery-trade lithium carbonate hits $49,600 a ton, up almost a third in a month, amid surging demand from the booming EV industry
Electric vehicles sold abroad triple to 310,000 as total auto exports double to a record 2.01 million, with a 20% gain forecast for this year
Units of ENN Natural Gas and Zhejiang Energy ink pacts to buy gas from Russian natural gas producer Novatek’s arctic project
Central bank releases technical specifications for interoperability of different systems
Hundreds of millions of tons of crude steel capacity needs to cut pollutant output this year, environment ministry official tells industry forum
Migrant families face ongoing hurdles bringing their children with them to big cities
Police say that the Kingmed Diagnostics manager’s actions either spread the virus, or risked its spread
General manager of its new parent Ansteel says revenue also jumped 44% last year
City of 14 million launches mass testing, turning up 97 Covid infections, and requires negative test results and approval from authorities for leaving town
State-backed regional institution raising $319 million in Shenzhen Stock Exchange becomes first publicly traded bank to sell undervalued stock in a tepid market for such shares
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