Shanghai Composite Index Rose 0.21% on Thursday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Alibaba-backed fintech giant sets up a new committee under the board to oversee risk management and consumer protection
Chinese industry’s earnings slide 93.8% from a year ago as iron ore and coking coal prices rise and housing demand continues its downward spiral
Biggest state shareholder plans to buy as much as $148 million of bank’s equity to bolster the stock in support of a digital transition
Retailer says the allegations that it's lying about its business model are ‘without merit’
The duo is shutting down their money-losing Jeep JV, which recorded a more than 84% drop in first-half sales
Drivers and delivery personal, as well as ‘closed-loop’ quarantine staff, have been spreading Covid-19 across the city, officials say
Global health disparities will improve or worsen depending on how much data researchers can access
Shen Hongbing, an epidemiologist and oncologist, succeeds high-profile China CDC leader Gao Fu, who is retiring
Chen Shuang is being investigated for ‘serious disciplinary violations,’ according to Communist Party’s graft busters
Little-known Genuine Biotech’s AIDS drug turns out to help Covid patients and may turn into a multibillion-dollar product
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