May 23, 2023 03:03 PM

FINANCE

Shanghai Composite Index Fell 1.52% on Tuesday

By Caixin Automation

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China’s benchmark Shanghai Composite Index (000001.SH) lost 1.52% on Tuesday, while the Shenzhen Component Index (399001.SZ) fell 1.03%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 1.55% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 1.18%.

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

· China Upgrades Cross-Border Funds Pilot for Multinationals

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