Shanghai Composite Index Fell 0.56% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.56% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 0.91%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 1.13% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 1.06%.

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

· China’s Bank of Communications Added to Global Too-Big-to-Fail Banks List