Shanghai Composite Index Rose 0.5% on Wednesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Authorities can’t abuse pandemic-management system to target individuals without fueling public panic and distrust of government
Investors planning to gather in Zhengzhou for June 13 protest find themselves locked down as their health risk codes suddenly turn red
Report that regulators summoned top bankers wasn’t factual, CSRC says in statement declaring importance of a reasonable compensation system
While local governments have taken steps to stimulate the ailing sector, both supply and demand remain weak
Hikvision considers spinning off robot unit, Didi departs NYSE, and China’s NEV sales more than double
As new case numbers continue to grow in the city, authorities are conducting sweeps to root out bars and underground venues violating Covid regulations
Companies running data centers are required to conduct self-checks and pledge not to engage in the power-hungry activity
Depositors who wanted to withdraw money from Henan province banks reportedly had their travel curbed by regional pandemic control platform
The Chinese company’s New York shares gain 22.4% following a surge in the viewers of its bilingual livestreams, after collapsing in the wake of last year’s regulatory crackdown
Designating public security officials from another city to look into the brutal attack on women in the northern Chinese city could prevent local interference
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