Shanghai Composite Index Fell 0.8% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.8% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 1.24%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 1.41% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 1.2%.

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

· China’s Third-Quarter GDP Grows 4.9%, Exceeding Expectations