Shanghai Composite Index Fell 0.31% on Friday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.31% on Friday, while the Shenzhen Component Index (399001.SZ) fell 0.37%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.94% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 1.01%.

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

· What Might Bring Down Shandong Hi-Speed’s Former Chief?