Aug 31, 2023 03:03 PM

FINANCE

Shanghai Composite Index Fell 0.55% on Thursday

By Caixin Automation

00:00

00:00/00:00

Listen to this article 1x

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.55% on Thursday, while the Shenzhen Component Index (399001.SZ) fell 0.61%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.32% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.69%.

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

· Top Stories of the Month: China’s ‘Hidden Debt’ of Local Governments Threatens National Economy

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Innovation Takes Off at Flying Vehicle Expo

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

Caixin Deep Dive: How China’s Crypto Ban Makes Disposing of Seized Assets a Lot Harder

00:00

00:00/00:00

MOST POPULAR

1: Cover Story: China’s Factory Exodus Is Turning Vietnam Into the World’s Assembler

2: Meituan Enters Open-Source AI Race With LongCat Model

3: Ex-UBS Banker in Hong Kong Jailed 10 Years for Laundering $17.2 Million

4: End of U.S. Tax Exemption Hits Chinese Air Cargo Carriers Differently

5: Alipay Fined by Luxembourg Regulator for Anti-Money Laundering Breaches

SPONSORED

OR