Shanghai Composite Index Fell 0.16% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.16% on Wednesday, while the Shenzhen Component Index (399001.SZ) closed nearly flat.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.92% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) ended nearly flat.

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

· Ex-Deputy Governor of Guizhou Accused of Reckless Debt Borrowing