Shanghai Composite Index Rose 0.89% on Friday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Chinese entrepreneurs, professionals and their families are moving to the Southeast Asian country in droves
Managing $2.98 trillion, Chinese trust companies’ investment returns fall 24% in first quarter, though capital strength and asset structure improve
Institutions play an expanding role in trading, and individuals grow more sophisticated, a top market regulator says
Wuhan DDMC’s Super Sports missed $47 million payment, prompting top soccer league to scuttle six-season deal inked in 2019
Trial model of popular ET7 broke through a wall in a parking building, though Nio says accident was ‘not caused by issues with the vehicle’
As the economy slows, regulators have turned to the hot investment product as a source of funding
Country Garden repurchases 60% of the outstanding principal on an offshore bond due in July
A new judicial interpretation revises how punishments for artificial breeding of wild animals are decided. But activists say a potential escalation of trafficking is a cause for worry
China’s top state-asset supervisor told SOEs to start summer recruitment campaigns as soon as possible, as graduate employment has been sluggish for a third year in a row
The business faces multiple challenges, including environmental regulations, supply chain disruptions and geopolitical tensions, says Posidonia Shipping Exhibition managing director
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