Shanghai Composite Index Fell 0.4% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.4% on Wednesday, while the Shenzhen Component Index (399001.SZ) rose 0.17%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.27% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.87%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Xi to Visit Saudi Arabia to Boost Relations in the Middle East
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