May 26, 2023 03:03 PM

FINANCE

Shanghai Composite Index Rose 0.35% on Friday

By Caixin Automation

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China’s benchmark Shanghai Composite Index (000001.SH) gained 0.35% on Friday, while the Shenzhen Component Index (399001.SZ) rose 0.12%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 1.66% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.66%.

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

· Weekly Must-Read: China’s Effort to Move Mountain of ‘Hidden Debt’ Faces Uphill Climb

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