Shanghai Composite Index Fell 1.43% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 1.43% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 1.25%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.99% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.79%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Kaisa Group in Debt Restructuring With Citic Bank, Sources Say
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