Aug 08, 2023 03:03 PM

FINANCE

Shanghai Composite Index Fell 0.25% on Tuesday

By Caixin Automation

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China’s benchmark Shanghai Composite Index (000001.SH) lost 0.25% on Tuesday, while the Shenzhen Component Index (399001.SZ) fell 0.42%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.35% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.53%.

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

· China’s Internet Majors Downsize to Weather Business Headwinds

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