Aug 04, 2023 03:03 PM

FINANCE

Shanghai Composite Index Rose 0.23% on Friday

By Caixin Automation

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China’s benchmark Shanghai Composite Index (000001.SH) gained 0.23% on Friday, while the Shenzhen Component Index (399001.SZ) rose 0.67%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.56% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.95%.

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

· Weekly Must-Read: Race Is on to Become China’s SpaceX

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