Shanghai Composite Index Fell 0.21% on Tuesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.21% on Tuesday, while the Shenzhen Component Index (399001.SZ) rose 0.49%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.17% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 1.38%.

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

· Local Governments Set to Borrow $146 Billion in First Quarter