Shanghai Composite Index Fell 1.19% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 1.19% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 1.43%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 1.09% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.86%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Analysis: The Closing Window for China’s mRNA Vaccine Developers
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