Jul 18, 2023 03:03 PM

FINANCE

Shanghai Composite Index Fell 0.37% on Tuesday

By Caixin Automation

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China’s benchmark Shanghai Composite Index (000001.SH) lost 0.37% on Tuesday, while the Shenzhen Component Index (399001.SZ) fell 0.34%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.49% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.31%.

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

· Chinese Steel Companies Continue Facing Sluggish Demand as New Construction Falls

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