Shanghai Composite Index Fell 1.34% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 1.34% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 2.14%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 2.4% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 2.3%.

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

· Xi Calls for More Cooperation Between China and South Africa