Aug 24, 2023 03:03 PM

FINANCE

Shanghai Composite Index Rose 0.12% on Thursday

By Caixin Automation

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China’s benchmark Shanghai Composite Index (000001.SH) gained 0.12% on Thursday, while the Shenzhen Component Index (399001.SZ) rose 1.02%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.68% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 1.26%.

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

· Former Nio Electric Car Rival Singulato Goes Bust

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