Shanghai Composite Index Fell 0.42% on Friday

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China’s benchmark Shanghai Composite Index (000001.SH) lost 0.42% on Friday, while the Shenzhen Component Index (399001.SZ) rose 0.12%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.52% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) ended nearly flat.

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

· Weekly Must-Read: Chinese Exporters Turn Toward Emerging Markets

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