Shanghai Composite Index Rose 0.93% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) gained 0.93% on Wednesday, while the Shenzhen Component Index (399001.SZ) rose 1.9%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 3.98% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 2.82%.

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

· Analysis: How Hong Kong Failed to Maintain ‘Zero Covid’