Shanghai Composite Index Fell 0.77% on Friday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.77% on Friday, while the Shenzhen Component Index (399001.SZ) fell 1.61%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 1.87% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 2.51%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Weekly Must-Read: China’s Hunt for Strategic New Energy Minerals
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