Shanghai Composite Index Fell 1.13% on Thursday

China’s benchmark Shanghai Composite Index (000001.SH) lost 1.13% on Thursday, while the Shenzhen Component Index (399001.SZ) fell 1.84%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 3.72% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 2.11%.

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

· China’s Top Academics Told to Toe Party Line With Public Statements