Shanghai Composite Index Rose 0.76% on Friday

China’s benchmark Shanghai Composite Index (000001.SH) gained 0.76% on Friday, while the Shenzhen Component Index (399001.SZ) rose 0.57%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.54% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.56%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Weekly Must-Read: Where to Now for Alibaba in the Post-Jack Ma Era?

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